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Latest Analysis / Short-term Global Oil Service

Asia Oil Weekly - Asian fundamentals underpinned by limited gasoline and diesel exports from China amid poor margins

Published: 13 December, 2024

Highlights:

  • Crude: China offers some good news, but we remain conservative.
  • Naphtha: Near-term volatility to arise due to mixed signals from LPG and refining dynamics during winter.
  • Gasoline: A little overheated now, but Asian cracks to remain supported through 1Q 2025.
  • Middle Distillates: Despite tight regional ...

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