China Crude Oil Weekly: Saudi Strength

China Crude Oil Weekly: Saudi Strength

06/14/2019 | Author: Troy Vincent

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Chinese crude oil imports in June so far are strong, typical for the start of a month. At a current pace of 10.3 million barrels per day, imports picked up by 2mn bpd from May’s average. We are expecting this import strength to slow in the second half of the month, just as we have recently seen in April and May.


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