Fuel rebound in Asia Pacific

DEMAND from Asia’s top four oil consumers could spark a market comeback for oil and gas, as China, Japan, India and South Korea doubled their use of naphtha, gasoil, gasoline, jet fuel-kerosene and fuel oil in the first four months of this year to more than 821,000 barrels per day.

Fuel rebound in Asia Pacific Fuel rebound in Asia Pacific Fuel rebound in Asia Pacific Fuel rebound in Asia Pacific Fuel rebound in Asia Pacific

This is a good sign according to Platts, as demand growth projections by the International Energy Agency, OPEC and the US Energy Information Administration suggest 1.

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