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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly – Singapore Low Sulfur Bunker Sales Surged as IMO Transition Accelerates

Published: 18 October, 2019

Highlights:

  • CRUDE: Bearish headlines capped upside to crude prices; China crude imports will likely move sideways in coming months.
  • NAPHTHA: Cracks pulled back on easing freight, though supply concerns amid growing demand kept levels supported.
  • GASOLINE: Higher Chinese exports expected over November-December ...

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