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Oil

When it comes to crude, Chinese buyers are spoilt for choice

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Listen: When it comes to crude, Chinese buyers are spoilt for choice

There has been unprecedented demand destruction in Asia as a result of the coronavirus pandemic, causing many refiners to cut run rates. While COVID-19 initially wreaked havoc in Chinese markets, commodity trends in the country seem to be showing signs that it is getting back in business. Other countries in the region, meanwhile, are still on lockdown and even extending quarantine periods. Is China the only respite for crude sellers under the current circumstances? S&P Global Platts editor Avantika Ramesh and analysts Oceana Zhou and Daisy Xu discuss.