Latest Analysis /
Short-term Global Oil Service
Asian Oil Weekly - Product Cracks Struggle to Lift Off Amid Supply Overhang
Published: 17 July, 2020
Highlights:
- CRUDE: OPEC+ to ease ongoing output cut from August. The increase in production however could be much lower than anticipated. China’s crude imports hit a new high in June.
- NAPHTHA: Higher LPG substitution in crackers and returning refinery supplies pushed cracks back into negative. Several ...
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