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There is an increasing disconnect between the forecasts for strong global oil demand growth this year, led by Asia, and the reality of weakening margins for refined fuels.

LAUNCESTON, Australia, April 18 (Reuters) - There is an increasing disconnect between the forecasts for strong global oil demand growth this year, led by Asia, and the reality of weakening margins for refined f... | 01:28am

There is an increasing disconnect between the forecasts for strong global oil demand growth this year, led by Asia, and the reality of weakening margins for refined fuels.

LAUNCESTON: There is an increasing disconnect between the forecasts for strong global oil demand growth this year,...

RASHID HUSAIN SYED: Saudi Arabia is feeling the pressure, but the prospect of a ‘crude’ divorce between Moscow and Riyadh seems premature

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Move comes despite pledge to cut output by 500k barrels per day from May

State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers.

State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers despite its pledge to cut output by 500,000 barrels per day, several sources with knowledge of the matter said on Monday.

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