Analysis: Higher supply pressures Middle East LPG prices as Chinese demand grows
Ramathan Hussain, S&P Platts
March 24, 2021
Who was cited:
Asia is bracing for higher Middle East LPG supply, as Saudi Arabia unwinds its voluntary 1 million b/d in extra crude production cuts over May through July, while US-Iran indirect talks over restoring the nuclear deal boost hopes of sanctions relief that could see restrictions on Iran oil sales lifted.