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Low oil prices to panic China's low-cost reserves rescue oil Is a strategic reserve? Or the oil market opportunities?

Low oil prices to panic China's low-cost reserves rescue oil Is a strategic reserve? Or the oil market opportunities?

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:

Low oil prices to panic China's low-cost reserves rescue oil Is a strategic reserve? Or the oil market opportunities?

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

How much is the low price lethality? Russia overnight became poor, GDP is equal to a province in China only; Local tyrants Saudi fiscal deficit, ready to borrow; Kuwait, venezuela, Brazil, Argentina and other countries have no countries, start a family. China oilfield successively losses were forced to shut down, everywhere desolate. China feeling generous 21.7 billion saved petrobras life; When debt recourse for Brazil, China immediately stand up and help Brazil's national oil companies to shoulder some of the debt mess. China 50 billion to venezuela through low oil prices situation; 37 billion bad debt risk has not yet subsided, venezuela again by China's $5 billion of loans; China will provide $55 billion in aid to the Middle East countries. Sluggish in the global economy, China is spending trillions of dollars rescue, what of the bottle gourd sell of what medicine? To put it bluntly, the money will not be white. So-called nice surprise how also is better than the icing on the cake, and this is borrowing, signed the treaty. Treaty must have to perform, the intangible strengthened the globalization.

China next year is expected to doubling its strategic purchases of crude oil, the oil prices in the most rare downturn, leading to the international new acquisitions boom. China's acquisitions brought some stability to the international oil market. This size is equal to the average nearly two weeks imports in China, will help to promote the country as a whole oil purchases at record highs, which replaces the leading position of the United States the world's largest oil imports.

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