Asia octane: Key market indicators for March 21-25
Demand for Asian gasoline is expected to increase over March 21-25 as more regional economies ease COVID-19 restrictions and ahead of the Muslim fasting month of Ramadan. However, demand for gasoline blending was reportedly low as margins remained poor, market sources said. The reforming spread, on the other hand, has been widening, which could improve blending economics going forward. Nevertheless,…