China to continue leveraging commercial tanks for SPR buying amid low oil prices

By downloading this report, you'll discover:


  • How China's latest SPR mandate will bolster crude demand as OPEC+ increases production.
  • The strategic shift from government SPR sites to commercial petroleum reserves.
  • Our assessment of China's current storage capacity and future expansion plans.
  • The implications for medium sour crude grades that align with Chinese refining needs.
  • Potential market impacts through Q1 2026 and beyond.


China to continue leveraging commercial tanks for SPR buying amid low oil prices

Download report

Please fill in your contact details to access the full insight.

Recent insights

July 31, 2025
Oregon CFP credits have reached their highest point since October 2023, with a premium over California prices that's triggering significant market shifts.
Europe Power Insight
July 17, 2025
How potential August heatwave conditions could significantly impact European power and gas markets.
Refining in 2025: Tighter clean-product balances to lift margins; West to outperform East
July 16, 2025
This report examines the global refining outlook for 2025, forecasting stable margins with regional variations and shifting product balances.