Energy Markets
Asia's crude oil imports stage modest healing in August: Russell
Asia's imports of crude oil lifted in August from the twoyear low in July as topimporting heavyweights China, India, South Korea and Japan generated more barrels. Total imports for August are anticipated to be 26.74 million barrels per day (bpd), up from July's 24.56 million bpd, according to information put together by LSEG Oil Research. While a 2.18 million bpd boost appears big, it's worth noting that July's imports were the weakest given that the exact same month in 2022, and that the August overall is still just the fifth-highest out of the 8 months up until now in 2024....