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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Chinese Product Exports to Flood the Asian Market

Published: 24 July, 2020

Highlights:

  • CRUDE: Prices remain broadly stable as Saudi Arabia and Russia have been effective in allaying market concerns over OPEC+ compliance. Spot premiums for September-loading Russian ESPO blend have weakened due to waning buying interest from China.
  • NAPHTHA: Cracks flipped back into positive ...

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