The market for sour crude in Asia is tightening as Kuwait is ramping up a large new refinery and cutting exports to divert supply to its new facility, adding to the ongoing cuts from major Middle Eastern producers in the OPEC+ group to further restrict heavy and medium sour crude supply. Kuwait is currently in the process of ramping up its huge new 615,000-barrels-per-day refinery Al-Zour and has reduced crude supply to the global market this year, analysts from energy consultancies Energy Aspects, Rystad Energy, FGE, and S&P Global Commodity…
Hence then, the article about sour crude market tightens further as kuwait s exports dip was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Sour Crude Market Tightens Further As Kuwait’s Exports Dip )