China's large crude-oil reserves are cushioning refiners as the Middle East war disrupts production and shipping, reflecting years of stockpiling and diversified supply. The buffer reduces near-term supply stress for Chinese refiners and should temper upward pressure on regional oil prices and shipping risk, supporting sector stability.
China's large crude-oil reserves are cushioning refiners as the Middle East war disrupts production and shipping, reflecting years of stockpiling and diversified supply. The buffer reduces near-term supply stress for Chinese refiners and should temper upward pressure on regional oil prices and shipping risk, supporting sector stability.
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