Refineries in East Asia are starting to ramp up fuel exports after months of holding back and prioritizing local sales, in what appears to be an attempt to front-run the market before the Strait of Hormuz reopens.
East Asian Refiners Eye Fuel Sales Boost Before Hormuz Reopen
Refineries in East Asia are starting to ramp up fuel exports after months of holding back and prioritizing local sales, in what appears to be an attempt to front-run the market before the Strait of Hormuz reopens.
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply