Energy and oilUpdated 6h ago

Asian refiners return to Middle Eastern crude; November U.S. crude orders fall nearly 50%.

Asharq Business with Bloomberg reports that Asian refiners are returning to Middle Eastern crude as supplies through the Strait of Hormuz recover. The report also says November orders for U.S. crude fell nearly 50%; that figure concerns orders, not delivered imports or exports. Recovering flows do not establish that shipping has fully normalized.

1 publisher1 report

Coverage started 6h ago