October 25, 2020
Business News

China’s Oil Buying Spree May Be Coming To An End – OilPrice.com

Heavily indebted Mexican oil major…
The structural changes that the…
OPEC+ decided to ease production…
By Tsvetana Paraskova – Jul 21, 2020, 5:00 PM CDTWhile the rest of the world continues to struggle with fuel demand recovery in fits and starts, China has been a key factor in supporting oil prices as it breaks crude oil import records. Record Chinese crude oil imports over the past few months have supported still weak global oil demand and instilled confidence in the market that the demand …

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