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China's oil buying binge to run on in 2021 as tank operators, refiners stock up- oil and gas 360

China’s oil buying binge to run on in 2021 as tank operators, refiners stock up

Reuters SINGAPORE/BEIJING  – China’s commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports. Private tank farm operators, refiners and traders pumped an extra 310-600 million barrels of oil into storage in China this year, according to