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Latest Analysis / Short-term Global Oil Service

Asia Oil Weekly - China's new export quotas unlikely to boost gasoline and gasoil outflows in the near term

Published: 3 January, 2025

Highlights:

  • Crude: Cold weather and gas supply concerns pushed up prices; Iran uncertainties loom over Chinese buyers.
  • Naphtha: New cracker start-ups to inject some bullishness, though weak downstream demand will cap upside.
  • Gasoline: Asian cracks expected to strengthen through 1Q 2025 amid tight supply and ...

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