While the world scrambles for oil, China sits on full tanks
AI Summary
China's state-owned energy companies are maintaining nearly full crude oil stockpiles despite global oil shortages. This strategic reserve positions China advantageously amid worldwide energy market anxieties.
The crude stockpiles held by the country’s state-owned energy companies remain nearly full.
World Markets Commodities Energy China oil stockpiles energy reserves crude oil state-owned companies global oil market energy security