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Signs of China's crude demand recovery emerge

Signs of China's crude demand recovery emerge

Oil Markets · S&P Global Energy

May 29, 20206m 54s

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Show Notes

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.