Explained: Why China is adding to its oil reserves despite backwardation
“China’s crude inventory changes are a critical buffer for the global oil market, and not a permanent solution,” said Lin Ye, Vice President, Oil Markets – Downstream, Rystad Energy.
“China’s crude inventory changes are a critical buffer for the global oil market, and not a permanent solution,” said Lin Ye, Vice President, Oil Markets – Downstream, Rystad Energy.
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