Middle East Economic Survey
VOL. LII
No 25
22-Jun-2009
SUPPLY/DEMAND
Chinese Crude Oil Demand Seen As Green Shoot For Oil Fundamentals
Société Générale described Chinas demand growth as the most important green shoot for oil fundamentals so far, in the Commodity Weekly report, published on 16 June. Looking at preliminary May data for Chinese crude imports, crude runs and product imports, Société Générale said apparent demand in China (refinery crude plus net product imports) had unquestionably...
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