China Added 200,000 Bpd to Crude Reserves in July Despite Hormuz Crisis

China Added 200,000 Bpd to Crude Reserves in July Despite Hormuz Crisis →

China is estimated to have added about 200,000 barrels per day (bpd) of crude oil to its huge inventories in July as imports rebounded from a decade-low in June and refinery runs remained depressed. The world’s top crude oil importer, unlik…