China's Oil Reserves Pose Risk of China-Driven Oil Prices for India

A new RAND study reveals China has accumulated 1.4 billion barrels in strategic and enterprise-controlled oil inventories, prompting concerns that India must prepare for potential China-driven oil price fluctuations.

10 Aug, 14:02 — 10 Aug, 14:02

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Times of IndiaMostly Factual21d ago

Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

China has accumulated as much as 1.4 billion barrels in strategic and enterprise-controlled inventories, according to a new RAND study. That is more than three times the roughly 413 million barrels held in the US government’s Strategic Petroleum Reserve.

By SMRITI JAIN

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China's Oil Reserves Pose Risk of China-Driven Oil Prices for India

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Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

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