Uzbek Refiner to Process Afghan Crude
Uzbek oil refiner Saneg has struck a deal to process Afghan crude at its 2 million mt/year Fergana refinery as Afghanistan's Taliban government is trying to kickstart upstream production amid chronic fuel shortages.
Global demand remains low due to Chinese economy
Global oil demand growth will likely remain below 1 million barrels per day in the near future largely because of a slowdown in China's economy, International Energy Association executive director Fatih Birol said Sept. 23. https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/092324-global-oil-demand-growth-to-remain-below-1-million-bd-in-near-future-ieas-birol