DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Oil Glut: Is China Preparing for a Supply Shock?
Oil Glut: Is China Preparing for a Supply Shock?

Oil Glut: Is China Preparing for a Supply Shock?

Update: 2025-10-09
Share

Description

Oil glut ahoy! Tankers are overflowing with the most oil since 2016, signaling oversupply and weak demand. But China's playing a different game, stockpiling massive amounts while prices are low, prepping for a potential future crunch as OPEC's spare capacity dwindles. Is this a smart move or a gamble? With the market's hair-trigger reactions to events like Russian sanctions, today's glut could vanish in a flash.

Hosted on Acast. See acast.com/privacy for more information.

Comments 
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Oil Glut: Is China Preparing for a Supply Shock?

Oil Glut: Is China Preparing for a Supply Shock?