“One way China cut back its consumption was to temporarily stop filling up its strategic petroleum reserve, which it had been adding to at a rate of nearly 1 million barrels per day”
“What we’re tracking so far, at least since the crisis began, is China is probably on track to see somewhere between 500,000 and 600,000 barrels per day worth of demand losses for gasoline and diesel.”
at least 500000 barrels per dayat most 600000 barrels per day
