Why China Is Being Flooded With Oil: Billions In Underwater OPEC Loans Repayable In Crude
May 25, 2016 at 07:37 AM EDT
Barclays estimate Caracas owes $7 billion to Beijing this year and needs nearly 800,000 bpd to meet payments, up from 230,000 bpd when oil traded at $100 per barrel.
