China: Oil analysts say deregulation will increase players

As China deregulates oil products and crude oil wholesaling in line with its WTO commitments, analysts foresee an accelerated opening-up of the local oil market.

China’s new policies to deregulate oil products and the crude oil wholesale market will bring in new market entities, who will serve as “agents” to facilitate further reform and liberalization of the segment, said David Ernsberger, Asia editorial director of Platts, an energy information and market research provider.
People’s Daily