Oil Stockpiles Have Stopped Growing in World’s Biggest Buyer — Grain is unloaded from a bulk carrier ship docked at the Nantong Cereals & Oils Transfer Co. facility at the Port of Nantong in this aerial photograph taken above Nantong, Jiangsu province, China. (Photographer: Qilai Shen/Bloomberg)

Oil Stockpiles Have Stopped Growing in World’s Biggest Buyer

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May 11 2020, 3:30 AMMay 11 2020, 11:31 AMMay 11 2020, 3:30 AMMay 11 2020, 11:31 AM

(Bloomberg) -- The great oil glut of 2020 may have already peaked in the world’s biggest crude importer.