China OGP halts coverage of crude and products stockpiles
Wednesday, 04 Nov 2009
Reuters reported that China OGP an oil industry newsletter issued by Xinhua news agency will no longer publish data on China stockpiles of crude oil, gasoline and diesel.
A brief note at the start of the biweekly newsletter said "China OGP will halt the release of China's crude oil, gasoline and diesel stockpiles held by CNPC and Sinopec Group because these figures are no longer available."
The move removes the only public source of information on Chinese crude and fuel stockpiles a key piece of information for oil traders trying to assess the real level of demand in China.
