SINGAPORE: Asian refining margins for 10 ppm gasoil inched lower on Thursday, despite weaker feedstock crude prices, as lingering COVID-19 concerns continued to weigh on market sentiments....
Persistently rising coronavirus cases in key markets including India, Vietnam, South Korea and Malaysia are weighing heavily on regional industrial activity, market watchers said....
Arbitrage demand from the West, however, is supporting the Asian market to an extent, according to trade sources....
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2021-08-27 00:00:00.0