Asia’s informal oil swaps market is expected to continue growing despite the outbreak of SARS, a new deadly pneumonia-like disease currently hurting the region’s economy and depressing oil demand growth. While Asian oil consumption growth will suffer, brokers and analysts say they expect the swaps trade to expand this year as more companies hedge their…
Oil Brokers Launch JV To Serve Asia’s Swaps Market; SARS Not A Setback
Posted on May 2, 2003 by EnergyAsia