Asian demand for North American crude oil looks set to increase further this week after a recent rally in physical Dubai prices, and the release of higher-than-expected Saudi Aramco official selling prices. China kicked off its US crude buying spree last week, with Unipec buying 16 million barrels of US crude for loading in June, the biggest volume it has ever lifted in a single month. Meanwhile, Asia spot LNG summer trading is off to a strong start, with prices rising swiftly to around $9/MMBtu last week. The Japan Korea Marker spot LNG price will start this week at a three-month high and discussions for July and especially August look strong. In thermal coal, the market will be assessing the impact of South Korea’s move to reduce the sulfur content of imports to 0.4% in a bid to improve air quality, as well as Beijing’s measures to cool China’s […]