China doubled crude oil storage inflows during coronavirus demand hit

China doubled crude oil storage inflows during coronavirus demand hit
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21.04.2020

MOSCOW (MRC)В -- Rather than cutting back on imports, China pushed crude oil into storage tanks at almost double the rate in the first quarter of this year than it did in the same period in 2019 as the new coronavirus hit domestic consumption, reported Reuters.China doesn't release official data on flows into strategic and commercial stockpiles, but an estimate can be made by subtracting

Full article at mrcplast.com

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