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Asia looks for answers on oil demand revival, Russian flows, energy security

September 23, 2022 Comments Off

The revival of Asian oil demand to pre-pandemic levels is likely to get pushed back until 2023 as a worse-than-expected consumption outlook in China on the back of pandemic-induced lockdowns will more than offset gains in other pockets of the region this year, analysts told S&P Global Commodity Insights ahead of the APPEC summit. Fears about China’s oil consumption growth…