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The Hormuz crude volume debate masks the real shortage of refined fuels
The oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asias refined fuel markets show clearer signs of disruption. Imports of diesel, jet fuel and gasoline are down 21% from pre-conflict levels, while refining margins remain elevated, putting greater pressure on less wealthy Asian economies.
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timesofindia.indiatimes.com
Middle East oil squeeze: How much crude is actually flowing through Hormuz
The US-Iran conflict has kept the Strait of Hormuz in a chokehold for nearly six months and the oil market is left grappling with one big question: how much crude is actually…
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economictimes.indiatimes.com
The Hormuz crude volume debate masks the real shortage of refined fuels
The oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asias refined fuel markets show clearer signs of disruption. Imports of diesel,…
