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OIL PRODUCTS: China’s Feb Gasoline Market to See Small Supply Surplus: OilChem

OIL PRODUCTS
Energy BulletsChinaBulletAPACCommodities

China's gasoline market is expected to have a narrow supply surplus of 0.3m mt in February, according to OilChem.

  • This is due to slowing consumption following the travel peak during the Chinese New Year holiday and recovering refinery production, OilChem added.
  • The market dynamics reflect a balance between reduced demand and increased supply.
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China's gasoline market is expected to have a narrow supply surplus of 0.3m mt in February, according to OilChem.

  • This is due to slowing consumption following the travel peak during the Chinese New Year holiday and recovering refinery production, OilChem added.
  • The market dynamics reflect a balance between reduced demand and increased supply.