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Interesting that these articles don't mention China's storage capacity, which is bigger and more crucial these days. Maybe China publishes less official knowle
by stephbook 15d ago
Interesting that these articles don't mention China's storage capacity, which is bigger and more crucial these days.
Maybe China publishes less official knowledge?
- rtkwe 15d agoChina is much more cagey about the exact levels and capacity of it's version of the SPR but there's a lot of evidence they're drawing pretty heavily from it to cut their oil imports which has had a big impact on reducing the impact of the whole illegal war in Iran situation.
- Scoundreller 14d agoChina isn’t a member but IEA requires its 32 members to have 90d stockpile worth of oil imports: https://www.iea.org/data-and-statistics/data-tools/oil-stocks-of-iea-countries https://www.iea.org/data-and-statistics/data-tools/oil-stock...