>China's reduction of crude oil imports helped stop prices from reaching $200 a barrel, but it hasn't started buying again in the same amounts as before.>If China buys oil again with gusto, prices will probably rise toward $80 a barrel, but if it doesn't, prices could stay lower, possibly in the $60-$65 range.>China's future oil purchases could determine the oil price for years and have implications for inflation, interest rates, and the economy, with its current low imports potentially leading to billions of dollars less going to top OPEC+ producers.https://archive.vn/JroFT
>>62454353Haha sounds like the jew world order put all of its chips on china never becoming self-sufficient. Thats funny.
>>62454353>>62454444They just switched to Russia. And yes to other energies. I told the oil schizos the whole time. But they refused to sell high and are baggies now.
>>62454353China's seaborne oil imports are going to drop even further in the long run. Most demand will switch to coal and electric alternatives, while domestic production and pipeline imports will cover most oil demand that remains. I would not be surprised if China imports a mere 2-3 million barrels per day by sea in 2035.
