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Latest Reports and Analysis

Latest Analysis / China Oil and Gas Monthly

China Oil Snapshot

Published: 30 October, 2026

Highlights:

New quotas spooked the market, but real impact might be limited.
Despite a growing global crude surplus, we doubt China will make any material stockpiling purchases until crude prices ease and there are signs of Middle Eastern flows stabilizing. We expect big stockbuilds of over 1 mmb/d to only occur ...

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