The coronavirus hasn’t just led to a slowdown in fuel demand in China, it’s also starting to impact the demand for transportation fuels in wider Asia. Demand for jet fuel, gasoline, and diesel is likely to be suppressed in the coming weeks, potentially prompting Chinese and other Asian refiners to cut refinery rates, analysts say. The slowdown in China’s fuel consumption is also aggravated by an extended period of public holidays for office workers and multinational corporations—including Google, Apple, McDonalds, and IKEA, to name a few—suspending operations or shutting down offices, stores, and restaurants. The weaker fuel demand
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