Latest Analysis /
Short-term Global Oil Service
Asia Oil Weekly - Subdued bunker demand amid trade friction to add pressure on Singapore VLSFO cracks
Published: 21 February, 2025
Highlights:
- Crude: Oil markets remain cautious as US policy uncertainty offsets CPC supply issues.
- Naphtha: Pressured cracking margins should limit upside to Asian cracks despite impacted Russian supply.
- Gasoline: Despite downside risks, cracks should stay firm in the near term.
- Middle Distillates: Market strength ...
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