Asia’s gasoline crack rises to three-month high
February 12, 2020
Who was cited:
Asia's gasoline crack rose for the third straight session on Monday, reaching a near three-month high of $9.29 a barrel, as focus on shrinking supplies pushed the value higher. State refiners and teapot refineries in China, from PetroChina to Sinopec, CNOOC and independent refiners in Shandong, have either cut runs or are planning to slash throughput due to demand destruction caused by the coronavirus.