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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Upcoming Holidays Offer Little to No Respite to Transport Fuel Demand

Published: 24 April, 2020

Highlights:

  • CRUDE: Platts Dated Brent hit a 21-year low on Tuesday as the new OPEC+ deal failed to set a price floor. Rising run cuts in several Asian countries will keep crude imports pressured in 2Q.
  • NAPHTHA: Naphtha demand is boosted by China’s renewed demand for petchem products and a ...

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