China keeps buying crude oil for storage, but difficulties loom

Capt. John

China appears to have kept the flow of crude into strategic and commercial storage facilities at high levels in the first quarter, even as the price of oil climbed. While China doesn’t release detailed statistics of its strategic petroleum reserve (SPR) and commercial stockpiles a rough idea can be...

https://www.hellenicshippingnews.com/china-keeps-buying-crude-oil-for-storage-but-difficulties-loom/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon