(EnergyAsia, July 21, Tuesday) — The International Energy Agency (IEA) believes China has built up a crude oil stockpile of about 300 million barrels, just four days shy of the recommended level for its members. Expressing surprise at the speed of the build-up, Nobuo Tanaka, IEA’s chief, said he based his calculation on the agency’s…
CHINA: Oil crude stockpile estimated at 300 million barrels, near IEA level
Posted on July 20, 2009 by EnergyAsia