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Home Icon > About Us > News > China, India Soak Up Oil From Floating Storage as Demand Recovers

China, India Soak Up Oil From Floating Storage as Demand Recovers

By Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said. A total of 3.4 million tonnes (24.8 million barrels) of crude oil […]

WP_Post Object ( [ID] => 225255 [post_author] => 4 [post_date] => 2020-05-28 14:23:52 [post_date_gmt] => 2020-05-28 14:23:52 [post_content] => oil tankerBy Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said. A total of 3.4 million tonnes (24.8 million barrels) of crude oil […] [post_title] => China, India Soak Up Oil From Floating Storage as Demand Recovers [post_excerpt] => By Shu Zhang and Florence Tan SINGAPORE, May 28 (Reuters) – The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said. A total of 3.4 mil... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => china-india-soak-up-oil-from-floating-storage-as-demand-recovers [to_ping] => [pinged] => [post_modified] => 2020-05-28 14:23:52 [post_modified_gmt] => 2020-05-28 14:23:52 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=140372 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )