14.3 C
Istanbul
Wednesday, October 27, 2021
HomeTurkish Maritime NewsChina to sell oil from state reserves

China to sell oil from state reserves


As part of combating rising commodity prices, China will implement its decision to sell oil from state reserves on September 24.

China will implement its decision to sell crude oil after the sale of metal from state reserves.

China’s State Reserve Administration announced that it will hold a tender on September 24 to sell 7.38 million barrels of crude oil from oil stocks in an effort to rein in rising prices.

China had previously sold copper, aluminum and zinc from state reserves.

News2Sea

The opinions expressed herein are the author’s and not necessarily those of News2Sea.

#China #sell #oil #state #reserves

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe

Most Popular

Latest Articles