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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Bumpy Road Ahead for Products as Countries Adjust to New Normal

Published: 5 June, 2020

Highlights:

  • CRUDE: Crude prices remain buoyant on bullish sentiments surrounding the likely extension of the OPEC+ agreement. Strong Chinese buying interest supports an improvement in WAF premiums.
  • NAPHTHA: Despite substantial cracker capacity returning from maintenance in 3Q, the increase in Asian supplies ...

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