Senior Oil Market Analyst for Sparta Commodities. Seasoned oil professional, with roles spanning Refining, Trading & Strategy in Shell. Views are my own.
Asian refinery runrates are out of the Asian Buying Conundrum.
Runrates should remain strong now given plenty of AG supply options.
But China has been (cleverly) reopting out of WAF barrels.
Read article for more details.
#oott#