China Builds Strategic Petroleum Reserves Amid Oil Price Plunge, but Still Lags Western Nations
By Tim Daiss
The
crude oil price plunge of more than 50% since last June has proved a
mixed blessing for global economies. It has cut deep into the coffers of
oil producing nations while providing much needed relief for oil and
natural gas import dependent countries. China, the world’s second
largest oil importer, is also taking advantage
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