EU Says Crude Supply Stable Despite High Diesel, Jet Fuel Prices; Refineries Running Near Capacity
JH Kim
Summary
- The European Union said crude supply across the bloc remains stable despite high diesel and jet fuel prices.
- The European Union said its Oil Coordination Group held a meeting to review the bloc's crude supply conditions.
- The European Union added that refineries across the bloc are operating at near-maximum capacity in response to market price signals.
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The European Union said crude supply across the bloc remains stable despite high diesel and jet fuel prices.
Walter Bloomberg reported on September 29 that the EU's Oil Coordination Group met to review crude supply conditions in the region.
The European Union said the review confirmed there were no supply problems even as diesel and jet fuel prices remain elevated.
It added that refineries across the bloc are operating at near-maximum capacity in response to market price signals.
JH Kim
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