As China Floods The World With Gasoline, European Stocks Hit All-Time High
by Tyler Durden
ZeroHedge.com
Jul 21, 2016
Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) hub rose more than 12% to an all-time high in the week to Thursday. This comes at an awkward time for the industry: just as Chinese gasoline exports soared by 75% in one month, prompting concerns about the future of the price of oil.
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