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Macquarie Predicts China to Tap Commercial Oil Reserves from Q3 2026
svmuu.com27/07/2026 12:47
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Macquarie predicts China's state-owned refiners could begin accessing commercial oil reserves from Q3 2026. This move is expected to support refining margins and benefit Sinopec. The firm also anticipates China will expand its tanker fleet to enhance energy security, potentially capping VLCC freight rates over time while increasing demand for new tanker construction.
Source：X@DeItaone · Source Link
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