Asia Buyers Snap Up American Crude, Add Stress to Tight Market
Asian refiners are on course to nearly double their purchases of US crude for September from a month earlier, a move that stands to squeeze domestic fuel makers at a...
By Nathan Risser and Christopher Charleston · Bloomberg Markets
Asian refiners are on course to nearly double their purchases of US crude for September from a month earlier, a move that stands to squeeze domestic fuel makers at a time when Americans are already facing record high pump prices.