China Built a Massive Oil Buffer Ahead of the Iran Crisis ...Middle East

OILPRICE - Economy
China Built a Massive Oil Buffer Ahead of the Iran Crisis
source : OILPRICE ( Middle East ) () 112
China expanded its crude oil stockpiles over the first two months of the year, thanks to higher imports and a ramp-up in domestic production, Reuters’ Clyde Russell reported, adding that the stock buildout strengthened despite higher refining rates in the period. Imports of crude oil to China averaged 11.99 million barrels daily, Russell said, adding that domestic production over the period had averaged 4.42 million barrels daily, for a total supply of some 16.41 million barrels daily. Refineries, however, processed an average of 15.17 million…

Hence then, the article about china built a massive oil buffer ahead of the iran crisis was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( China Built a Massive Oil Buffer Ahead of the Iran Crisis )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News

What’s in the Housing Bill That Just Became Law

before 4 hours & 7 minute

PrimeBOT Brings Personal Robotics to the UN's AI for Good Summit in Geneva

before 10 hours & 24 minute

OpenAI’s Head of Safety Is Leaving the Company

before 11 hour & 57 minute

EU targets Meta over ‘addictive’ Facebook and Instagram design

before 12 hour & 23 minute

Unilumin erhält die EcoVadis-Silbermedaille und zählt damit gemessen an der Nachhaltigkeitsleistung zu den besten 6 % der Unternehmen weltweit

before 12 hour & 27 minute

West Africa: BRVM Sees Notable Upward Moves - Ecobank Transnational Inc Leads With +36.17 Percent Gain

before 13 hour & 39 minute

Microsoft Reports a Massive 25 Percent Jump in Emissions

before 13 hour & 47 minute

Calls grow for government to increase universal credit for 66-year-olds

before 14 hour & 3 minute

Europe’s Nuclear Plants Can’t Beat the Heat

before 14 hour & 11 minute

e& annonce la cession de sa participation dans Vodafone pour un montant de 5,95 milliards USD

before 15 hour & 48 minute

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

before 16 hour & 8 minute

Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Action

before 16 hour & 12 minute

Apple Is Suing OpenAI for Allegedly Stealing Hardware Secrets

before 16 hour & 21 minute

HealthTree Foundation Announces the Appointment of Lisa Gray to Its Board of Directors

before 16 hour & 36 minute

Aberdeen Multi-Market Income Fund (MMT) Announces 22% Increase in Monthly Distribution and Adoption of a Managed Distribution Policy

before 16 hour & 47 minute