China's Oil Stockpile: A Global Market Game Changer
Update: 2025-10-07
Description
China's on a massive oil-stockpiling spree, building eleven new storage sites to hold 169 million barrels—enough for two weeks of imports! But is this enough to buck the trend? Experts predict a global oil glut by late 2024 or 2026, potentially sending prices crashing despite China's efforts to secure its supply. Find out why even China's huge reserves might not be enough to stop the coming oil price plunge.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
