Asia crude oil: Key market indicators this week | Hellenic Shipping News Worldwide
Asia crude oil: Key market indicators this week Asia’s crude oil market activity in the May 10-14 trading week is expected to pick up steam, although sentiment continues to be weighed down by demand concerns across Asia amid COVID-19 resurgences, which have caused several countries to introduce, or increase lockdown measures. July ICE Brent crude futures were pegged at $68.59/b at 0300 GMT May 10, up 65 cents/b from the 0830 GMT Asian close on May 7. Middle East Crude **Activity in the week ahead will focus on the issuance of buy and sell tenders by Asian refiners and Middle East producers ...