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No quick recovery for China oil demand as COVID battle grinds on | Hellenic Shipping News Worldwide

China’s oil demand is expected to stay weak heading into May as COVID-19 lockdowns across the country curtail travel plans during the Labour Day holiday season, analysts and traders say. Millions usually travel over the five-day holiday centred around May 1, typically bolstering fuel demand. However, forecasts from the country’s aviation regulator and data firms .

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China Oil Demand Outlook Darkens

The continued rise in cases in Shanghai despite the lockdown underscores the challenge China is facing.

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Is Asia s oil market recovery losing pace? | Hellenic Shipping News Worldwide

Is Asia s oil market recovery losing pace? | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Asia Refiners Face a Double Blow to Profits from Iran and Covid

(Bloomberg) Asian refineries are grappling with what’s expected to be a brief period of weak profits as a demand-sapping Covid-19 comeback across the region coincides with a likely surge in oil-product exports from Iran.

Republic ofYuwei peiWood mackenzieWood mackenzie ltdBharat petroleum corpApril fuel stocks rise despite dropGrayson limகுடியரசு ஆஃப்மரம் மெக்கன்சிமரம் மெக்கன்சி லிமிடெட்பாரத் பெட்ரோலியம் கார்ப்கிரேசன் லிம்

Asia refiners face double blow to profits from Iran and Covid resurgence

Read more about Asia refiners face double blow to profits from Iran and Covid resurgence on Business Standard. The virus resurgence in India and other nations apart from China is reducing consumption of products such as gasoline.

Republic ofYuwei peiWood mackenzieWood mackenzie ltdBharat petroleum corpGrayson limAsian refinersCovid 19 resurgenceRan crude supplyCrude oil consumptionIngapore refining marginsகுடியரசு ஆஃப்மரம் மெக்கன்சிமரம் மெக்கன்சி லிமிடெட்பாரத் பெட்ரோலியம் கார்ப்கிரேசன் லிம்

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