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China’s oil demand is recovering, while external risks ramp up
China’s oil demand will recover to 13 million b/d in Q2 2020, still 2.5% below Q2 2019. The pace of recovery will vary by products. • Gasoline dema...
China’s oil demand shows post-pandemic resilience, with risks skewed to the downside
China’s oil demand shows resilience after the Covid-19 shock in Q1, recovering largely to pre-crisis levels by Q2. Looking forward to post-pandemic...
Coal indexation in LNG pricing: why it matters
In April, Tokyo Gas announced a 10-year non-binding HOA with Shell Eastern Trading Pte Limited for supply of 0.5 mmtpa of LNG from 2020. The contra...
Consolidation in Polish downstream sector - PKN Orlen to acquire controlling stake in Grupa Lotos
It seems in Poland that size does matter, particularly in the downstream sector. After several years of speculation, PKN Orlen announced on Februar...
Could a winter crisis boost oil demand?
The Ukraine war and Russia’s squeeze of gas supply to Europe have pushed European gas prices far above coal and oil on an energy equivalence basis....
Czech Republic downstream oil long-term outlook
The Czech Republic oil products market is dominated by sole domestic refiner, Unipetrol, owned by PKN ORLEN. Its influence on the internal market i...
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