China’s Oil Hoarding Clouds Outlook for Slowing Demand Growth
China’s robust stockpiling of crude is expected to continue next year, helping to cushion global markets from a swelling surplus, but masking a broader trend of slowing oil demand growth.
By Rong Wei Neo, Sarah Chen · Bloomberg Markets
China’s robust stockpiling of crude is expected to continue next year, helping to cushion global markets from a swelling surplus, but masking a broader trend of slowing oil demand growth.