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
China's current crude stockpiling support to the oil market is set to fade
China’s continued crude stockpiling could slow as storage hits capacity, pressuring oil markets
$1,350
Asset Report
Khvalynskoye
The Khvalynskoye field lies in the Russian sector of the Caspian Sea, close to the Kazakh border. In May 2002, Russia and Kazakhstan ...
$3,720
Asset Report
Jilin Nickel nickel operation
A detailed analysis of the Jilin Nickel nickel operation.
$2,250
