Southeast Asian Gasoline Demand Disappoints During Peak Season ...Middle East

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Southeast Asian Gasoline Demand Disappoints During Peak Season
source : OILPRICE ( Middle East ) () 30
Gasoline demand in major economies in Southeast Asia is showing signs of weakness just as the peak fuel demand for travel has begun, traders have told Bloomberg, which could be a concern about global oil demand. Indonesia, a large market for gasoline, hasn’t seen a surge in demand ahead of the Eid festivities this weekend, according to the traders. Stocks of fuels, including gasoline at the hub in Singapore, are at their highest for this time of the year since 1995, according to Singaporean government data cited by Bloomberg. There is also…

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