Tourism lull from Thailand to Singapore damping oil demand


Tourists at the iconic Merlion site in Singapore - File picMerlion Singapore

SINGAPORE: South-East Asian oil and fuel demand has hit a plateau after an initial recovery from the Covid-19-induced slump and appears unlikely to get back to pre-virus levels until the end of the year or later.

A slow rollout of vaccinations and a resurgence in cases in the region of almost 700 million people is pushing back the timeline for a return to business as usual.

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Singapore , Thailand , tourism , oil demand , Merlion ,

   

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