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Asia’s Fuel Imports Slump to Five-Year Low

OilPrice · Tsvetana Paraskova · last updated
Asia’s imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery maintenance at key fuel exporters in the region and softer demand for gasoline and diesel. Asia’s imports of light and middle distillates slumped to 166.37 million barrels in April, down from 195.54 million barrels in March, according to data from commodity analysts Kpler cited by Reuters commodity columnist Clyde Russell.   Major fuel exporters in Asia, such as India, China, and Singapore, all saw falling…
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