Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian nations. Asia took in a total 27.6 million barrels of crude daily last month, Reuters’ Clyde Russell reported citing Refinitiv Oil Research data. This was a 4% increase over February.
During the first three months of the year, Asian oil imports beat every month of last year, Russell noted, except for November. China’s crude oil imports in March hit the highest in four months at 11.65 million…China And India Ensure Asian Oil Demand Remains Robust
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