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with appetite for the heating fuel spurred by China’s winter gas shortage and record freezing temperatures in the U.S.
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As Oil Falters, Fuel That Drove Bull Market Is Cruising in Asia
published Feb 11, 2018, 3:00:00 PM, by Heesu Lee (Bloomberg) — Oil investors rattled by the threat of U.S. output can find some cheer from diesel demand in Asia. Strong consumption of the fuel — used to power everything from trucks to ships and factories — underpinned crude’s bull run