Daily Energy Report
China oil inventories, US inventories, US LNG future, Oil price downside, Trump hosts oil CEOs, Nat gas & TX grid, US LNG approval, LNG Alaska, Australia LNG, Marine oil down, AI grid risk, and more.
March 19, 2025
Chart of the Day
EOA: China’s Oil Inventories Continued to Decline
Summary
China's oil inventories have been declining for months, as shown in Figure (1). The decline erased all the extra stock built up during COVID-19 lockdowns. What caused the decline? Will it continue? Discussion below.