BEIJING’S BILLION-BARREL WEAPON: WHY INDIA MUST PREPARE FOR CHINA-DRIVEN OIL PRICES
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| Source | Latest linked headline | Age |
|---|---|---|
| Times of India | BEIJING’S BILLION-BARREL WEAPON: WHY INDIA MUST PREPARE FOR CHINA-DRIVEN OIL PRICES | 1 hr ago |
WHAT HAPPENED
China has accumulated as much as 1.4 billion barrels in strategic and enterprise-controlled inventories, according to a new RAND study. That is more than three times the roughly 413 million barrels held in the US government’s Strategic Petroleum Reserve.
Times of India reports that china has accumulated as much as 1.4 billion barrels in strategic and enterprise-controlled inventories, according to a new RAND study.
The report adds: That is more than three times the roughly 413 million barrels held in the US government’s Strategic Petroleum Reserve.
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