China may need to double SPR to meet 90-day goal

Tankers to benefit as oil imports will continue to grow at mid-high single digits, says Bernstein.

A VLCC at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China
A VLCC at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, ChinaChina Stringer Network
Published 18 March 2019, 00:30Updated 18 March 2019, 00:36
ChinaVLCCBernsteinChina crude imports