Crude Prices Rise Despite Falling Asian Oil Imports – OilPrice.com
The brusqueness of anti-coal sentiment…
The worlds top oil exporter,…
Oil prices hit the highest…
By Tsvetana Paraskova – Jun 05, 2021, 6:00 PM CDTThe world’s most important oil-importing region, Asia, is showing signs of weaker physical demand with lower cargo arrivals in May and crashing refining margins as a COVID resurgence depresses fuel demand in India and other south Asian markets. Crude oil futures prices rallied to a two-year high this week after OPEC+ reaffirmed plans to unwind another…
