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Rare China Statement On Oil Product Reserves Release Pushes Crude Prices Lower - Cna

by channelnewsasia.com posted 3weeks ago 18 views
FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant BEIJING : China on Sunday said it was releasing gasoline and diesel reserves to boost market supply and stabilise prices in some regions, a public statement of such rarity that analysts said it was enough to push oil prices lower on Monday.

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