Asia’s gasoline falls on demand concerns

24 Sep, 2020

SINGAPORE: Asia’s gasoline crack extended losses on Tuesday and dropped to a four-session low of $4.13 a barrel, as concerns over weak demand countered low refinery throughput. New lockdown measures in Britain and rising coronavirus cases around the world could weigh heavily on gasoline.

Similarly, worries of weak demand in the United States have brought gasoline prices down as Tropical Storm Beta waned.

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