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European jet fuel oversupply steals spotlight in 2015

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Listen: European jet fuel oversupply steals spotlight in 2015

With a tumultuous year for oil prices now in the rear-view mirror, Platts middle distillates team leader Olivier Lejeune sits down with Phil Casey to discuss the structural shift observed on the European jet market in 2015 and the outlook for 2016. Despite robust demand, the region struggled to absorb larger export volumes from the Middle East as new capacity came online, resulting in a sharp year-on-year fall in differentials.

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