Asia's economic growth boosts diesel demand in the region
But refineries being shut for seasonal maintenance is expected to squeeze diesel supplies in the Asian market
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OIL investors rattled by the threat of US output can find some cheer from diesel demand in Asia.
Strong consumption of the fuel - used to power everything from lorries to ships and factories - underpinned crude's bull run last year, a rally that is now being threatened by surging American production. Still, while the risk of a crude glut looms, refineries being shut for spring-season maintenance is set to squeeze diesel supplies in the Asian market at a time when demand is being boosted by healthy economic growth.
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