{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/europe-faces-q4-jet-fuel-deficit-as-south-korea-increases-exports","slug":"europe-faces-q4-jet-fuel-deficit-as-south-korea-increases-exports","url":"https://mediabias.news/business/europe-faces-q4-jet-fuel-deficit-as-south-korea-increases-exports","title":"Europe faces Q4 jet fuel deficit as South Korea increases exports","subtitle":"Inventories in the ARA hub are at a seven-year low, prompting a shift to new suppliers.","excerpt":"Europe is projected to experience a jet fuel deficit in the fourth quarter of 2026. This comes as inventories in the Amsterdam-Rotterdam-Antwerp hub reach a seven-year low, leading Europe to seek supplies from countries like South Korea.","category":"Business & Economy","area":"European Union","publishedAt":"2026-09-21T07:05:15.502Z","sourceReportedAt":"2026-09-21T06:54:23.370Z","updatedAt":"2026-09-21T07:05:15.502Z","readTime":"3 min read","scores":{"trust":60,"critic":65,"hype":45,"notes":{"trust":"Central claims corroborated by 13 outlets, with specific figures from Kpler and Energy Aspects.","critic":"Reporting is clear and holds together, with specific figures and dates provided.","hype":"Headline accurately reflects the article's content without undue sensationalism."}},"tags":["#JetFuel","#Europe","#SouthKorea","#EnergySupply","#ARAHub"],"entities":["Europe","South Korea","Amsterdam-Rotterdam-Antwerp (ARA)","Energy Aspects","Kpler","LSEG"],"body":[{"type":"key_takeaways","items":["Europe is expected to face a jet fuel deficit of 510,000 barrels per day in the fourth quarter of 2026.","Inventories in the Amsterdam-Rotterdam-Antwerp (ARA) oil refining and storage hub fell to their lowest level in seven years in the week ending September 10.","South Korea is set to increase its jet fuel exports to Europe to a four-year high in September, with daily shipments reaching 129,000 barrels.","The shift in supply sources follows disruptions to Middle Eastern supplies and increased imports from Nigeria, the United States, and Canada."]},{"type":"paragraph","text":"Europe is anticipated to experience a jet fuel deficit in the fourth quarter of 2026. This shortage is occurring even as the continent increases its imports from distant suppliers, including South Korea. According to analysts and shipping data, South Korea is expected to boost its jet fuel exports to Europe to their highest level in four years in September."},{"type":"paragraph","text":"The continent has been increasing its jet fuel imports from countries such as Nigeria, the United States, and Canada since the outbreak of the Iran war. This conflict impacted Middle Eastern supplies and cut off approximately half of Europe's usual jet fuel imports. Consultancy Energy Aspects forecasts a fourth-quarter deficit of 510,000 barrels per day for Europe, contrasting with surpluses in other regions."},{"type":"paragraph","text":"Inventories held independently in the Amsterdam-Rotterdam-Antwerp (ARA) oil refining and storage hub reached their lowest point in seven years during the week ending September 10. This coincides with South Korea becoming a significant source of jet fuel shipments to Europe. European imports from South Korea in September have averaged 129,000 barrels per day, according to commodities intelligence firm Kpler, a level not seen since October 2022. LSEG data indicates similar volumes."},{"type":"heading","text":"Disagreement on deficit forecast"},{"type":"paragraph","text":"While Channel News Asia, Flying Eze, and Reuters report a fourth-quarter deficit of 510,000 barrels per day as forecast by Energy Aspects, sigmalive.com's digest cuts off before stating the specific deficit figure, only mentioning a shortage of 510,000 barrels per day."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the centre-rated reports mention the specific figure for Europe's jet fuel surpluses in the United States (18,000 barrels per day) or Asia-Pacific (419,000 barrels per day) in the fourth quarter, as stated by Energy Aspects in the Channel News Asia report."}],"basedOn":[{"sourceName":"SANA","url":"https://sana.sy/economy/2585845","headline":"Projected European Aviation Fuel Deficit of 510 Thousand Barrels per Day","angle":"","publishedAt":"2026-09-21T07:23:55.000Z"},{"sourceName":"haberglobal.com","url":"https://haberglobal.com/gundem/jet-yakitinda-alarm-zilleri-ucak-biletlerine-yuksek-zam-kapida-545120","headline":"Alarm Bells Are Ringing for Jet Fuel! Huge Price Increases for Plane Tickets Are on the Horizon.","angle":"","publishedAt":"2026-09-21T07:12:00.000Z"},{"sourceName":"sigmalive.com","url":"https://sigmalive.com/lifestyle/travel/1330190/ksemenei-apo-kausima-aeroskafwn-i-efrwpi-strefetai-mekhri-ti-n-korea","headline":"Europe Is Running Out of Jet Fuel – It Turns to South Korea","angle":"","publishedAt":"2026-09-21T06:54:23.370Z"},{"sourceName":"Habertürk","url":"https://haberturk.com/ekonomi/jet-yakiti-krizi-devam-ediyor-avrupa-da-ucak-biletlerine-zam-kapida-3913915","headline":"The Jet Fuel Crisis Continues: Airfare Increases Are Imminent in Europe.","angle":"","publishedAt":"2026-09-21T06:53:44.000Z"},{"sourceName":"Dagens industri","url":"https://di.se/live/risk-for-brist-pa-flygbransle-igen","headline":"Risk of Aviation Fuel Shortage – Again","angle":"","publishedAt":"2026-09-21T06:25:10.816Z"},{"sourceName":"Bioplastics News","url":"https://bioplasticsnews.com/2026/09/21/europe-faces-major-jet-fuel-shortage","headline":"Europe Faces Major Jet Fuel Shortage","angle":"","publishedAt":"2026-09-21T06:21:00.000Z"},{"sourceName":"st.nu","url":"https://st.nu/risk-for-brist-pa-flygbransle-igen","headline":"Risk of Aviation Fuel Shortage – Again","angle":"","publishedAt":"2026-09-21T06:07:00.000Z"},{"sourceName":"borskollen.se","url":"https://borskollen.se/nyheter/27/europa-kan-aterigen-fa-svart-att-fa-tag-pa-flygbransle-varnar-experter","headline":"Europe Could Once Again Face Difficulties in Obtaining Jet Fuel, Experts Warn","angle":"","publishedAt":"2026-09-21T06:00:32.000Z"},{"sourceName":"Hospodárske Noviny","url":"https://hnonline.sk/finweb/zahranicna-ekonomika/96303323-europu-caka-tazky-koniec-roka-celi-nedostatku-leteckeho-paliva-situaciu-zachranuje-juzna-korea","headline":"Europe Faces a Tough End to the Year. It Faces a Shortage of Jet Fuel, but South Korea Is Saving the Day","angle":"","publishedAt":"2026-09-21T05:54:41.000Z"},{"sourceName":"Newsit.gr","url":"https://newsit.gr/oikonomia/diethni/i-eyropi-ksemenei-apo-aeroporika-kaysima-to-d-trimino-strefetai-se-enallaktikous-promitheytes/4779383","headline":"Europe Runs Out of Jet Fuel in Q4 - Turning to Alternative Suppliers","angle":"","publishedAt":"2026-09-21T05:51:57.000Z"},{"sourceName":"Flying Eze","url":"https://flyingeze.com/europe-510000-bpd-jet-fuel-deficit-fourth-quarter","headline":"Europe Faces 510,000 bpd Jet Fuel Deficit in Q4 2026","angle":"","publishedAt":"2026-09-21T05:36:09.000Z"},{"sourceName":"ekonomim.com","url":"https://ekonomim.com/ekonomi/jet-yakiti-stoklari-7-yilin-dibinde-ucak-biletlerine-zam-yolda-haberi-919553","headline":"Jet Fuel Stocks Are at a 7-Year Low, and Airfare Increases Are on the Way.","angle":"","publishedAt":"2026-09-21T05:30:00.000Z"},{"sourceName":"dunya.com","url":"https://dunya.com/ekonomi/avrupada-jet-yakiti-alarmi-stoklar-7-yilin-dibine-indi-haberi-840759","headline":"Jet Fuel Alert in Europe: Stocks Hit a 7-Year Low - Dünya Newspaper","angle":"","publishedAt":"2026-09-21T04:11:00.000Z"},{"sourceName":"연합뉴스-Yonhap News Agency","url":"https://yna.co.kr/view/AKR20260921083300009","headline":"Korean Aviation Fuel Hits Price Ceiling in Europe... 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