China’s Filling Strategic Oil Reserve at Huge Cost
China imported about 6 million barrels/day of crude oil in May, up 10% over April imports. But the country did not increase its refineries inputs at all, leading some analysts ...Read Full Story »
Posts related to ‘China strategic petroleum reserve’
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US Strategic Petroleum Reserve Could Spring a Leak As Obama Considers Use
White House Chief of Staff Bill Daley told Meet The Press that President Obama may release some amount of the Strategic Petroleum Reserve (SPR) to lower oil prices. The US ...Read Full Story »
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