The colder-than-average weather outlook for Northeast Asia this winter will work in favor of Far East Russian crude oil as major regional refiners actively seek short-haul light sweet crude supply to quickly ramp up kerosene output, with Japan eagerly stocking up on heating oil in recent weeks. Far East Russian crude grades including Sakhalin Blend …
The post Japan’s robust winter kerosene demand bodes well for Far East Russian crude first appeared on Hellenic Shipping News Worldwide.
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