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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - China Holding Back On VLSFO Production

Published: 8 November, 2019

Highlights:

  • CRUDE: Record levels of US crude should arrive in Singapore during November-December as it prepares for IMO 2020.
  • NAPHTHA: High spot premiums, together with competitive LPG cracking economics are limiting naphtha buying interest from Asian petchem players.
  • GASOLINE: Cracks surged on regional purchase ...

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