Apart from the slowdown in global oil demand resulting from slowing economies and the U.S.-China trade war, another threat to oil demand may be lurking for oil markets over the next few months—China, the world’s top crude oil importer—could slow down strategic and commercial inventories stockpiling. China—which singled-handedly has been responsible for more than two thirds of global oil demand growth this year—could start to scale back oil purchases for reserves—strategic or commercial—as it could be nearing…
