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Oil Alerts
Crude Alert - Coronavirus Left Gap in Asian Crude Demand That is Too Large to Fill, Spot Premiums Under Pressure
Published: 26 February, 2020
Highlights:
- Run cuts from the world’s largest crude importer about to create a huge supply overhang. Mixed responses from crude suppliers and other refiners so far.
- Spot premiums for grades that rely heavily on Chinese buying appetite under massive pressure.
- Gradual recovery in runs expected from April ...
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