""We see large risks of jet fuel shortages in Europe already this summer," Grigsby said. "The U.K. appears most at risk of jet fuel rationing given its large net imports.""
""Days of demand are the number of days that fuel would run out if replenishment went to zero... many industries will be forced to change how they operate or cease certain activities to make supplies last.""
""The 98-day supply of other oil products may overstate the amount of usable oil... the amount of available oil may only sustain 30 to 40 days of demand.""
""Major operational issues would likely be triggered in some locations well before reaching the global operational minimum storage level," she warned."
Goldman Sachs warns of a jet fuel crisis in Europe, predicting supplies will fall below the International Energy Agency's 23-day threshold in June. The U.K. is particularly vulnerable to rationing due to its reliance on imports. Other countries like South Korea, Japan, and Taiwan have significantly reduced their jet fuel inventories. The overall oil supply may only sustain 30 to 40 days of demand, leading to operational challenges for various industries as they adapt to dwindling resources.
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