OilPrice
In its latest Oil Market Report, the International Energy Agency revised down its outlook on global oil demand. There was only one reason for this: slower Chinese demand growth. For years, China has been the single biggest driver of oil demand expansion as its economy grew in leaps and bounds…
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Time To Stop Looking to China for Oil Demand Growth
In its latest Oil Market Report, the International Energy Agency revised down its outlook on global oil demand. There was only one reason for this: slower Chinese demand growth. For years, China has been the single biggest driver of oil demand expansion as its economy grew in leaps and bounds…