Sky High USA Gasoline Prices to Lure More Imports From Asia
The worsening gasoline crunch looks set to buoy Asian refiners.
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The worsening gasoline crunch looks set to buoy Asian refiners.
The worsening gasoline crunch looks set to buoy Asian refiners.
Asian oil refiners’ margins have rallied back to their highest since before the COVID-19 pandemic struck, spurred by a doubling of gasoil profits as the global economic recovery and power shortage drive demand for the fuel, analysts and traders said. Gasoil demand has surged as power generators seek alternatives to record-high natural gas and coal ...
Asian oil refiners' margins have rallied back to their highest since before the COVID-19 pandemic struck, spurred by a doubling of gasoil profits as the global economic recovery and power shortage drive demand for the fuel, analysts and traders said.