A little bit of mercantilism in an inflation shock is no bad thing
"China’s refining capacity is ...underutilized and
its export quotas are lower than they were previously"
> Would be great if you can post graphs on China's
oil refining capacity and export quotas over the past decade.
Timing is always difficult in a market and I agree China may show its hand soon.
"China’s refining capacity is ...underutilized and
its export quotas are lower than they were previously"
> Would be great if you can post graphs on China's
oil refining capacity and export quotas over the past decade.
Timing is always difficult in a market and I agree China may show its hand soon.