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Wider Arabian Sea Clean Products Fell Drastically in October

OIL PRODUCTS

Wider Arabian Sea clean products have fallen sharply so far month on month in October, Vortexa data showed.

“Wider Arabian Sea clean product exports have drastically fallen month on month, and this decline actually has been more pronounced from gasoline, as you can see from the red line, which follows a similar trajectory… These declines are pronounced in Europe, and what that probably will cause is a support in product prices in the region,” Vortexa Analyst, Ioannis Papdimitriou said.

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