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Resurgent jet fuel demand brightens refining outlook

Signs of recovering jet fuel demand, coupled with higher diesel demand, could help strengthen global distillate crack spreads and give refiners a boost, according to Par Pacific Petroleum President and CEO Joe Israel. "Jet fuel demand numbers are starting to improve and show signs of life, allowing refiners to drop less jet into diesel which will eventually provide well-needed relief on distillate stock," Israel said.

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