Friday, 6 May 2016

Why China Is Really Dictating Oil Supply Glut (Rakesh Upadhyay, OilPrice.com)

Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in the first quarter of 2016—the highest stockpiling rate since 2014.

http://www.eurasiareview.com/06052016-why-china-is-really-dictating-oil-supply-glut-analysis/

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