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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - HSFO Cracks Finally See a Downward Correction

Published: 4 December, 2020

Highlights:

  • CRUDE: Crude prices continued to rise this week on promising COVID-19 vaccine news and OPEC+ agreement. Saudi Aramco to raise OSPs across all flagship grades to Asia.
  • NAPHTHA: Asia’s naphtha deficit should widen through winter, as the surge in demand will be met by a marginal increase in ...

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