One of the main bull proposal for rough in 2023 is that China, having for all time retired its zero Coronavirus strategies, will release a worldwide purchasing binge as the Chinese economy strongly thunders back to life. On Tuesday, we got one more sign of definitively that: Unipec, the biggest oil merchant in China and the exchanging unit of state-held purifier Sinopec, and PetroChina, the biggest oil and gas maker and wholesaler in China, have both employed ten supertankers in Spring to pull US rough back to Asia, as per…
Read MoreWhy Is China Buying Up So Much U.S. Oil?
