Sign in to follow this  
Followers 0
Marina Schwarz

China about to Drown Asia in Diesel

Recommended Posts

China is panting under a major glut of oil products that it is planning to dump on the regional market. That's a problem for other refiners, I gather, because of high oil prices that are already undermining their margins. What I don't seem to be able to grasp is why is China also predicting a rise in crude oil demand this year if it has a glut of products. I mean, crude is not exactly widely used in its unrefined form, is it?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0