OilPrice
Rising Crude Oil Imports Ease China's Strategic Reserve Drawdowns
China, the world's largest crude oil importer, has drawn significantly from its 1.3-billion-barrel strategic reserve since March as it reduced imports in response to oil prices exceeding $100 per barrel following Middle East disruptions. Rising crude imports now reduce the need for further reserve drawdowns. China's reserve management has served as a key market stabilizer amid regional supply disruptions.
Energy
