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Aruni Sunil on Muck Rack

Aruni Sunil

Verified
London
As seen in: Agence France-Presse (AFP), S&P Global, The New Indian Express, Energy Evolution, S&P Global Commodity Insights, Journalism.co.uk, MEAWW, Sifted, Helter Skelter
Oil market reporter @SPGlobal | Social media editor @AFP | Previously @SiftedEU, @ishelterskelter, @NewIndianXpress | @CityUniLondon @ACJIndia

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Articles

Jet fuel supply shortages add pressure on airlines to improve efficiency

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By Aruni Sunil Verified, Oliwier Wronski
| S&P Global Verified
Airlines face increasing pressure to improve fuel efficiency amid persistent uncertainty over jet fuel supply tied to the Middle East conflict, a trend that could curb long-term jet fuel demand. The jet fuel market has been disproportionately impacted by the war in the Middle East, particularly in import-dependent regions such as Europe, where jet fuel imports in June were down 37% year over year.
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Jet fuel flows through Suez Canal rise as Strait of Hormuz risks persist

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By Aruni Sunil Verified
| S&P Global Verified
Flows of jet fuel through the Suez Canal in the Bab al-Mandab Strait have picked up in recent months as continuing attacks due to the US-Iran war prompt shipping companies to avoid the Strait of Hormuz. Flows through the Suez Canal stood at 405,400 metric tons in June, out of the total flows of 432,900 mt from the East of Suez to Europe, according to S&P Global Commodities at Sea(opens in a new tab) data.
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European jet forward curve softens on expectations of well-supplied summer

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By Aruni Sunil Verified
| S&P Global Verified
The European jet fuel forward curve has softened significantly from the all-time highs seen in the wake of the Middle East war, as the market now expects an oversupplied summer with lukewarm aviation demand. Platts, part of S&P Global Energy, assessed the Northwest Europe jet CIF cargo financial for July at $981.75/metric ton on June 30, down from the highs of $1,694.25/mt seen on March 30, suggesting increasingly bearish sentiment for the summer.
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