Rory Johnston: China pulled more oil demand off seaborne market than all IEA member SPR releases combined

Rory Johnston of Commodity Context estimates China pulled roughly 5.5 million barrels a day of crude imports off the seaborne market, more than every IEA member's SPR release combined, with the December-to-February average down to the June-July bottom.

Detected & updated continuously · Source: Nebula