China is hoarding the world’s oil

China is hoarding the world’s oil
*Goldman Sachs says Chinese hoarding may avert $20 oil scenario *Price dips seen as green light for crude stockpiling in China 20 September 2015 – Even after China’s slowing economy dragged crude to a six-year low, oil’s second-biggest consumer remains the main safeguard against a further price meltdown. While China’s surprise currency devaluation helped trigger Brent crude’s […] More »
China is hoarding the world’s oil China is hoarding the world’s oil Reviewed by Crude Oil Facilitators on 21:24 Rating: 5

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