Asia Oct gasoline exports seen down on low demand
SINGAPORE, Sep 28 (Reuters) Major Asian refiners will export about 10,000 tonnes less gasoline next month than in September, deterred by weak prices during the slow demand season and few outlets in the United States, traders said on Thursday.
The refiners will ship around 440,000 tonnes next month -- with the biggest cuts coming from South Korea -- versus 450,000 tonnes in September, as they minimise production of the auto fuel, a Reuters survey found.
Singapore 92-octane gasoline's premium against Brent crude -- a measure of the gasoline market strength -- has slumped to under a barrel from this year's peak at about in May, while NYMEX gasoline premium to crude tumbled to less than


Click it and Unblock the Notifications