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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Will the Tumbling Crude Prices Revive Product Markets?

Published: 13 March, 2020

Highlights:

  • CRUDE: The oil market is now faced with the double whammy of a surge in crude supply and an extremely weak demand environment. We see more downside for crude prices. 
  • NAPHTHA: Cracks surged on a slump in crude prices. Relatively lower naphtha prices prompted a slight recovery in petchem ...

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