6 min
Signs of China's crude demand recovery emerge Oil Markets
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- Investing
Fuel demand across Northeast Asia plunged at the height of the coronavirus outbreak in the region over February and March. But the tide has since turned for the good in recent months. Manufacturing, construction and transportation activities are picking up fast in China with signs of the pandemic being largely contained in the country.
S&P Global Platts oil specialists Philip Vahn, Oceana Zhou and Avantika Ramesh examine oil market indicators in China and the sources that are feeding the country's renewed thirst for crude.
Fuel demand across Northeast Asia plunged at the height of the coronavirus outbreak in the region over February and March. But the tide has since turned for the good in recent months. Manufacturing, construction and transportation activities are picking up fast in China with signs of the pandemic being largely contained in the country.
S&P Global Platts oil specialists Philip Vahn, Oceana Zhou and Avantika Ramesh examine oil market indicators in China and the sources that are feeding the country's renewed thirst for crude.
6 min