Highlights Asian oil demand to rise 2 million b/d in Q3 vs Q2: Platts Analytics Asian refiners will face increased competition from Europe for cargoes Concerns remain on how EU insurance ban will affect Russian cargo flows Asia is breathing a sigh of relief amid growing expectations that the move by the OPEC-led alliance to boost supplies as well as sustained releases from the US strategic reserves will finally help to clear the uncertainty over cargo availability and rectify the mismatch between global demand and supply. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now With China’s demand recovering after lockdowns and the rest of Asia pushing to reopen their economies, analysts said the incremental supplies should provide breathing space to refiners at a time when they are scouting for clarity on how the EU insurance ban on Russian cargoes might affect cargo flows. […]