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China under pressure to export more refined products after Q2 oil shopping spree

China under pressure to export more refined products after Q2 oil shopping spree

Oil Markets · S&P Global Energy

July 30, 20209m 36s

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Show Notes

While the rest of the world is still on a relatively slow recovery phase, China's crude imports and throughput levels are hitting record highs. Its GDP has flipped back to positive territory with a 3.2% growth the second quarter, from a 6.9% decline in the first quarter. S&P Global Platts oil experts Oceana Zhou and Mark Tan talk about the facts behind these historical highs and the impact they could have on Asia's still fragile oil markets.