Apr 27 2023
One of the largest crude importers globally, China had seen demand plummet amid the pandemic, although it has been showing signs of recovery – with better-than-expected economic growth and record-high production in Q1 2023.
S&P Global Commodity Insights Asia Oil Editor Neo Rong Wei discussed with Analyst Oceana Zhou and Asia Oil News Managing Editor Philip Vahn the outlook for oil in the region. On this episode of the Oil Markets podcast, we dive into what China's economic recovery means for the markets, and how Asia's outlook on oil may change amid a regional economic downturn.
Related Platts price assessments:
AAYEE00 - FOB Singapore 92 RON Gasoline crack spread vs M2 Dubai Swap
AAHCF00 - FOB Singapore gasoil crack spread vs Dubai swap
AAHCM00 - FOB Singapore Jet fuel/Kerosens crack spread vs M2 Dubai Swap