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Market Movers Asia, May 17-21: Tepid oil demand pressure crude differentials, tanker rates

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Watch: Market Movers Asia, May 17-21: Tepid oil demand pressure crude differentials, tanker rates

  • Featuring
  • Shivangi Acharya
  • Commodity
  • Coal LNG Oil Petrochemicals Shipping
  • Length
  • 03:23

On this week's Platts Market Movers Asia with Associate Editor Shivangi Acharya: Crude oil imports by China's independent refineries are expected to remain low as maintenance season in the country continues.

More highlights in commodity markets:

*Aframax tanker rates under pressure on weak demand

*LNG prices surge past $10/MMBtu

*China's coal-based petrochemical markets trending higher in line with firming coal prices