Asia ex-China crude imports hit an all-time seasonal high in July'26 @ ~15.2 mbd. Delayed cargo arrivals played a role, but China's subdued buying remains the bigger story, freeing up more barrels for regional refiners despite ongoing disruptions. #oott

Asia ex-China crude imports hit an all-time seasonal high in July'26 @ ~15.2 mbd. Delayed cargo arrivals played a role, but China's subdued buying remains the bigger story, freeing up more barrels for regional refiners despite ongoing disruptions. #oott

Source:https://x.com/staunovo/status/2083802359235293203