China’s oil imports have fallen sharply since the conflict began, yet visible demand destruction has remained surprisingly limited. This suggests that strategic reserves and government intervention may be helping to cushion the impact—for now.
In this update, we examine how China is managing lower oil imports, why fuel price controls are squeezing refinery profits, and what these policies could mean for the Chinese economy if energy disruptions persist.
#China #OilPrices #EnergyCrisis #MacroEconomics #GlobalMarkets #Inflation
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