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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Asian Oil Market Mired in an Ugly Mess

Published: 27 March, 2020


  • ASIA OIL DEMAND: Dramatic demand destruction of 6 mmb/d expected in April as the virus outbreak has only just begun to rattle several Southeast and South Asian countries. Although governments are confronting COVID-19 head-on, a V-shaped rebound in oil demand is unlikely.

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