China to return as major oil buyer in August, JPMorgan says, naming its top stock picks
JPMorgan sees Chinas crude imports rebounding from August after an eight year low, trims long term fuel demand outlook, and highlights PetroChina, Nan Ya Plastics and LG Chem as key picks China’s crude oil imports are set to recover from August after plunging to their lowest level in eight years during the West Asia conflict,…
