Rising supply from Kuwait, Russia to weigh on Asia fuel oil in 2023
Jeslyn Lerh - Reuters
December 21, 2022
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.