China's Strategic Petroleum Reserves Impact Global Oil Prices

China is suspected of injecting petroleum from its strategic supply into the market, which may be preventing oil prices from rising even higher, according to a recent analysis.

26 May, 09:42 — 26 May, 09:42

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marketwatchMostly Factual102d ago

China’s hidden reserves may be the reason why oil prices haven’t exploded even higher

There’s a high chance the Chinese government is injecting petroleum from a strategic supply into the market, Rory Johnston wrote in a recent Commodity Context newsletter.

By Nora Redmond

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China's Strategic Petroleum Reserves Impact Global Oil Prices

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China’s hidden reserves may be the reason why oil prices haven’t exploded even higher

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