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China’s hidden reserves may be the reason why oil prices haven’t exploded even higher

MarketWatch · May 26, 2026, 9:42 AM · Also reported by 2 other sources

There’s a high chance the Chinese government is injecting petroleum from a strategic supply into the market, Rory Johnston wrote in a recent Commodity Context newsletter.

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China’s hidden reserves may be the reason why oil prices haven’t exploded even higher

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