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European jet cargo premiums surged early in the week, but traders said the swaps market was not reflecting the prompt physical. Low stock levels mean that buyers continue to shop for cargoes as needed, and arbitrage windows to Europe from the Mideast Gulf and Singapore were closed, with all Mideast volumes into March sold. Saudi Aramco's Ras Tanura refinery is reportedly shutting its 44,000 b/d hydrocracker unit for one to two weeks into March.