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Short-term Global Oil Service
Asian Oil Weekly - China’s VLSFO Tax Rebate Approval Shakes Things Up
Published: 17 January, 2020
Highlights:
- CRUDE: China’s crude imports fell marginally as NOCs scaled back on crude purchases. More US crude will flow into China under the US-China “Phase 1” trade deal.
- NAPHTHA: Cracks posted an upward correction on easing crude prices and spot purchases by Asian petrochemical players. ...
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