Has the mood turned somber for Asian oil markets?

The path to recovery for Asian oil demand has not been free of challenges. With a worse than expected consumption outlook in China due to pandemic-induced lockdowns, markets are looking for answers on whether gains in Asia, excluding China, will be strong enough to offset the bearish consumption outlook in the region’s biggest oil consumer.

In a wide-ranging discussion ahead of APPEC 2022, S&P Global Commodity Insights’ experts–Dave Ernsberger, Head of Market Reporting and Trading Solutions, Rosemary Griffin, Russia Managing Editor and Zhuwei Wang,Asian Oil Analytics Manager– discuss with Sambit Mohanty,Asia Energy Editor, the possibility of Asian oil demand returning to pre-pandemic levels in 2022, the outlook for Russian oil flows to the region, and the energy security versus energy sustainability debate.

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