Tumble in spot premiums spurs Asia refiners to buy Mideast oil hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.
Indian and Chinese oil buyers are snapping up Middle East crude after spot premiums for February-loading cargoes slumped by more than half to three-month lows on improved supplies to Asia. Easing concerns about the impact of new coronavirus variant Omicron on Asia’s fuel demand are also supporting Asian refiners’ margins, trade sources said. “It’s quite .
Indian and Chinese oil buyers are snapping up Middle East crude after spot premiums for February-loading cargoes slumped by more than half to three-month lows on improved supplies to Asia.
Indian and Chinese oil buyers
are snapping up Middle East crude after spot premiums for
February-loading cargoes slumped by more than half to
three-month lows on improved supplies to Asia. . | December 17, 2021