There are 89 tankers sailing for Chinese ports.
The US Shale Oil industry and Venezuala up in arms, Russia is being awkwardly quiet as the ‘secret’ Saudi-US oil deal that pressured prices for crude down to $80 has ‘hurt’ a lot of the world’s producer nations. However, China is the one country that is very grateful, Bloomberg reports.
Continue reading… “Who is quietly buying all of the cheap oil?”