China has been stockpiling oil for years. Low prices give it reason to buy more
April 13 2020, 08:00
Oil is cheaper right now than it has been in years. That's great news for China — the world's second largest consumer of oil and its biggest importer — which has been building up huge reserves and needs energy to restart its economy.
Oil is cheaper right now than it has been in years. That's great news for China — the world's second largest consumer of oil and its biggest importer — which has been building up huge reserves and needs energy to restart its economy.
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