Asia has plenty of crude oil, refined fuels remain tight
The Star Online - Business·2026-06-23 08:01
ASIA’s imports of crude oil are on track to return to pre-Iran conflict levels, but flows of refined products are still constrained and fuel prices reflect the supply stresses.
The world’s top energy-consuming region is expected to import about 22.18 million barrels per day (bpd) of crude in June, up from 20.35 million bpd in May, according to data compiled by commodity analysts Kpler.
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