Maleeha Bengali is CEO of MB Commodities Capital, based in London.
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There is no shortage of oil, it's a timing game being held back for as long as possible to get the best price possible.
That's hard to say, though the next few months could answer that question.
China buys low and sells high when it comes to commodities, which makes its latest moves worth watching for telltale economic signs.
But will they get greedy and let the market get too tight over the summer?