Asian refining margins to remain robust in 2022

PETALING JAYA: Asian refining margins will remain buoyant in 2022, as easing movement restrictions boost demand for transportation fuels, while uptake for Asian fuels from Europe has increased due to international sanctions on Russia, according to Moody’s Investors Service.

It noted that at the same time, supply had fallen due to significant refinery closures last year, coupled with decreased fuel exports from China.

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Asian , refining , margins , fuels


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