Rising supply from Kuwait, Russia to weigh on Asia fuel oil in 2023
Oil
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Article by:
Jeslyn Lerh - Reuters
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Date Published:
December 21, 2022
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Who was cited:
Ivan Mathews, Head of Asia Refining and Global Fuel Oil Service
Asia is expected to be flooded with more fuel oil supplies in 2023 as Kuwait’s new Al-Zour refinery ramps up output and as Russia diverts record volumes from Europe to the East ahead of sanctions.
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