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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.
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