Oil Finds a Silver Lining in China's Unsated Thirst for Crude

Oil Finds a Silver Lining in China’s Unsated Thirst for Crude

Bloomberg News Imports seen expanding 8% to 7.2 million barrels a day in 2016 Demand will be driven by stockpiling, independent refiners China’s insatiable appetite for crude is at least one thing oil bulls can count on this year. The world’s biggest commodity consumer may buy 8 percent more oil from overseas in 2016, taking average purchases to 7.2 million …