Market Intelligence
Alternative Atlantic Basin supply, strategic stock releases and demand adjustments helped the market absorb an exceptional loss of Gulf production. Initial fears of widespread gasoline and jet-fuel shortages were moderated by rerouting and inventory use.nnThe remaining risk is resilience. Lower commercial and strategic stocks reduce the buffer available for a second disruption. Counterparties should review delivery tolerance, substitute origins and contingency planning rather than relying on a single route or supply source.
Source: Reuters
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