{"id":645287,"date":"2025-09-08T11:04:57","date_gmt":"2025-09-08T05:34:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645287"},"modified":"2025-09-08T11:04:57","modified_gmt":"2025-09-08T05:34:57","slug":"oil-traders-zero-in-on-chinas-crude-buying-as-glut-gets-closer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-traders-zero-in-on-chinas-crude-buying-as-glut-gets-closer\/","title":{"rendered":"Oil Traders Zero In on China\u2019s Crude Buying as Glut Gets Closer"},"content":{"rendered":"<p>As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world\u2019s crude producing nations are set to pump.<\/p>\n<p>Earlier this year, China piled into the crude market to snap up millions of barrels, including some that went into its strategic storage. The build up has since slowed down as the nation\u2019s domestic demand picked up, but with expectations that Beijing will continue to amass barrels, its next steps are seen as critical. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world\u2019s crude producing nations are set to pump. Earlier this year, China piled into the crude market to snap up millions of barrels, including some that went into its strategic storage. The build up has since slowed down as the nation\u2019s domestic demand picked up, but with expectations that Beijing will continue to amass barrels, its next steps are seen as critical.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-645287","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=645287"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645287\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}