Platts Market Insight: Asia’s oil demand growth seen moderating in 2020


GEOPOLITICAL tensions, trade disputes, global macro-economic concerns, and OPEC+ production strategy were themes that dominated oil market sentiment in 2019.

As we enter 2020, the global economy is seen stabilizing. China -- a key driver of commodities demand -- has announced decisive measures to ensure a strong start to the economy; and the US and China look closer to a trade deal than ever before, though it would be naïve to assume that the road ahead will be smooth.

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Opec , WTI , S&P Global Platts

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