Insights

Diesel watchers -Don’t forget the Diesel crunch Down Under?

By the XAnalysts team

Members

Australia’s weekly oil imports, mostly refined products oscillate between 0.8 mbd to 1.5 mbd and monthly average around 1.0-1.1 mbd. Almost half of that is Diesel imports. Being a country of 1 mbd short in today’s market is a huge exposure. What compounds…

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