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Gulf Crude Has No Easy Substitute For Asia

Photo by Zbynek Burival / Unsplash

Asian refineries are largely configured to process medium and heavy sour crude from the Persian Gulf, making those barrels difficult to replace. U.S. light sweet crude and other grades cannot easily substitute without operational adjustments. As shipments through the Strait of Hormuz slow, refiners across Asia face tighter supplies of the specific crude types their facilities are built to run.

Source: Industry analysis | Via: @jackprandelli on X

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