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Latest Analysis / Short-term Global Oil Service

Asian Oil Weekly - Weak Sentiment in the West Weighs on Asian Product Market

Published: 23 October, 2020

Highlights:

  • CRUDE: Crude prices came under pressure as the market shifts its focus back to oil demand. Market expectations of the return of Chinese buying interest is providing support to ESPO crude premiums.
  • NAPHTHA: Cracks fell into negative territory while the front-month timespread flipped into contango ...

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