China crude storage flows accelerate as last of cheap oil offloads

China’s flow of crude oil into storage accelerated in September, reversing two months of declines, as the world’s biggest importer of the fuel continued to work its way through massive volumes purchased during a brief April price war. The flow of crude into commercial and strategic stockpiles was about 1.75 million barrels per day (bpd), …

The post China crude storage flows accelerate as last of cheap oil offloads first appeared on Hellenic Shipping News Worldwide.

Scroll to Top