Focus topics


Is the release of strategic oil reserves imminent?

Things are moving pretty fast now. Several big countries have decided to tap their strategic oil reserves because of the current power crisis. The US is about to open the oil taps: Around 50 million barrels are expected to flow out of reserves in the next few months. India, Japan, and the UK have also announced an opening of their reserves. With that, the world is now looking to China. An announcement is expected from Beijing over the next few days. The US government had talked about an internationally coordinated release measure.

Continue reading now

Get 30 days of free access to the Professional Briefing to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Millions of university graduates – and still a shortage
    China is more partner than rival for Scholz
    ‘Turning away from China would come at a high price’
    Tianjin becomes pioneer in port digitization