MarketWatch
US · 1 hrs ago
✦ 72◉ Centre
China’s hidden reserves may be the reason why oil prices haven’t exploded even higher
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Quality 72/100
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◉ Centre ✓ Fair headline
Analysis suggests China may be releasing oil from its strategic petroleum reserves to help moderate global oil prices, according to commentary cited by MarketWatch.
China’s hidden reserves may be the reason why oil prices haven’t exploded even higher
There’s a high chance the Chinese government is injecting petroleum from a strategic supply into the market, Rory Johnston wrote in a recent Commodity Context newsletter.
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