EnergyReader · 2026-06-22 08:38

China's 1.3 billion barrel oil hoard caps the risk of a $150 crude spike

By EnergyReader Newsroom · June 22, 2026

Brent crude front-month traded near $79.73 a barrel on Monday (2026-06-22), well below the $106.95 it fetched a month earlier on May 20 (2026-05-20). [LIVE_PRICES] The premium that had built into the price has drained away faster than the supply picture alone would justify.

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Connected coverage Stories linked to China through the market graph: same hub, spread, route or driver.

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