Asian gasoil margins slump to 5-mth low as India opens export taps
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Article by:
Koustav Samanta, Reuters
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Date Published:
November 14, 2019
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Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Asian refining profit margins for gasoil have plunged to their lowest in more than five months, weighed down by fresh Indian gasoil exports that have swelled already abundant supplies just 50 days before new ship fuel regulations kick in.
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