Page 19 - வடக்கு ஆசிய News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Коментари - Външно министерство привиква посланика на Русия у нас
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ASX to rise; Tabcorp gets $3 5b proposal, Bingo in $2 3b MIRA deal
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Oil Search buoyed by higher oil prices
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Russia’s ESPO Blend premiums undeterred by subdued Chinese demand
Dwindling demand for Russian ESPO crude, purchased mostly by Chinese independent refineries, has done little to hurt the grade’s spot differentials which continue to register robust premiums in early-month trades.
Buying appetite from China remains dull amid reports of bloated inventories and an increasing glut of Iranian crude.
Trade sources said May and June crude buying volumes may remain subdued, clouding the buying outlook even more at a time when a government investigation on the China’s private refining sector has already rung alarm bells among global oil suppliers that independent refiners would be moving cautiously in sealing deals in the near future.