China’s historic move surprises oil markets (in mid-July)

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EvenOdd
楼主 (北美华人网)
Q In a late statement on Thursday, the National Food and Strategic Reserves Administration said the country had tapped its giant oil reserves to “to ease the pressure of rising raw material prices.” It didn’t offer further details, but people familiar with the matter said the statement referred to millions of barrels the government offered in mid-July. https://www.theage.com.au/business/markets/oil-market-takes-a-hit-as-china-makes-historic-move-20210910-p58qen.html