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littlejohn

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littlejohn

Re: bbotcs post# 14335

Saturday, 04/13/2024 12:12:00 AM

Saturday, April 13, 2024 12:12:00 AM

Post# of 14469
China imported 6% less oil in March

versus March, 2023...

https://oilprice.com/Latest-Energy-News/World-News/Chinas-Crude-Oil-Imports-Dropped-by-6-Year-Over-Year-in-March.html

China also lowered their price per barrel

cost on oil by buying more from Russia...

China filled a lot of reserves in 2023

when oil price was cheaper...

So can lower buying while things are

slower in their economy...

China is not the elephant in the room

causing excess oil pricing now...

India has slowed down too or they

would still be buying Russian oil...

Appears you are getting screwed when

you pull up to pump gas now...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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