While oil prices have partly recovered, they remain below historical levels. The buying helped prop up global oil markets as the coronavirus slashed demand, and delivered big profits for operators, traders and refiners who were able to stock up cheaply. Nov 18 (Reuters) - Private investors in China have increasingly joined state majors in stockpiling crude oil, with companies this year taking advantage of decades-low oil prices and the Chinese economy's early recovery from the coronavirus pandemic. The rest is made up of commercial stocks owned by national refiners and independent firms, as well as inventories for refining operations. Picture taken August 7, 2019.
Nov 18 (Reuters) - Private investors in China have bailed out and paid for people.
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Nov 18 ( Reuters ) - Private investors in China have bailed out and paid for people .
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