APPEC: Asia still craves North Sea, South American crudes during era of fragile oil demand – S&P Global

APPEC: Asia still craves North Sea, South American crudes during era of fragile oil demand – S&P Global

Strong points Asian refiners greatly increase their dependence on Middle Eastern crude Norway exports four VLCCs per month to Asia Chinese independent refiners prefer Brazilian and Colombian qualities Singapore – North Sea and Latin American crude oil suppliers are confident that Asia’s firm base requirements would keep their exports to the Far East at healthy […]

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