Insight
Oil prices plunge: will China start filling its crude reserves?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Oil prices are plunging in March 2020 due to both demand disruption from COVID-19 and OPEC+ disintegration. As we have seen in previous oil price crashes, large crude oil importing countries start to build their strategic petroleum reserves (SPR), and such additional buying of crude could help support prices on top of the sluggish recovery in global demand. A key question to ask now is how much will China buy to build its reserves during 2020.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
India- a silver lining for global met coal trade markets
To pivot global met coal seaborne trade
$1,100
Insight
Aluminium: Things to look for in 2026
Smelter supply risks, CBAM and trade dislocation will be pivotal in shaping the aluminium market in 2026.
$1,050
Asset Report
Blocks 102&106 (Thai Binh/Ham Rong)
The Ham Rong, Yen Tu and Thai Binh discoveries are located in the Song Hong Basin, offshore northern Vietnam.
$3,720
