Refined Products, Fuel Oil
April 23, 2026
Europe faces fuel shortages as oil reserves dwindle
Featuring Kelly Norways
HIGHLIGHTS
Airline cancellations signal supply crisis
Markets face risk of further price hikes
Europe is quickly burning through its oil stocks after two months of war in the Middle East, leaving it exposed to a more crippling fuel shock. Airline cancellations and fuel rationing signal tightening supplies, leaving markets at risk of further price hikes.
