Currently, Brent prices are hovering around the $42/barrel mark
S&P Global Platts Analytics estimates gasoline demand destruction in the broader Asian region, excluding China, probably peaked in April, with a year-on-year decline of 17% or 700,000 barrels per day
While India will fill its caverns with crude, the lack of space means it's also an opportunity lost.
Interview with associate director at S&P Global Platts