Tamarack Valley Energy Ltd T.TVE

Strange….I Thought CHINA Was Dead?

[woodsmen]

China oil imports from Iran surge to 1.75m bpd: report

1. Economy

August 31, 2024 - 13:32

 

TEHRAN - China’s imports of Iranian oil have reached a record of 1.75m barrels per day (bpd) in August, oiprice.com reported, citing data from Kpler.

As reported, the current figure has surpassed the previous peak of 1.66m bpd set in October 2023 and is almost 50 percent higher compared with 1.24m bpd last month.

[Dibah420]

The demise of China has been greatly exaggerated.  A few Qs of  slower  GDP growth, real estate etc has NOT manifestly diminished China's gargantuan appetite for oil or gold, which I suspect are going directly to strengthen their reserves. The other self delusion of our leaders is the claim that sanctions on Iran or Russia are working.  Not only are Russia/Iran 

[woodsmen]

U.S. crude oil falls more than 3%, erases 2024 gains as China demand, OPEC output hike loom Published Tue, Sep 3 20248:07 AM EDT Updated 1 Min Ago Spencer Kimball@spencekimball ShareShare Article via FacebookShare

[woodsmen]

So Which Is It?  It Can't Be Both...................................................