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Macquarie Strategists Short Term Bullish but Issue Warning

The strategists anticipate a correction. ....

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COVID-19 Impact: Oil Imports Suggest China & India Are On A Very Different Path To Recovery

COVID-19 Impact: Oil imports suggest China & India are on a very different path to recovery
The challenge facing India is its vast population and fractured politics that will make it difficult to roll out an effective country-wide vaccination program. It remains to be seen if its refiners have reason to regret its record-high crude imports for January.
Yaw Yan Chong
Source: Reuters
Asian powerhouses China and India have fared very differently against COVID-19 since the pandemic spread across the world, with China recovering from last April, while India remained mired in the outbreak until December, as reflected by their respective demand for crude oil. ....

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