Middle East Economic Survey

VOL. XLVIII

No 45

7-November-2005

SUPPLY/DEMAND

Chinese Demand Growth Returns, Says SG

After government moves to control soaring oil demand, Chinese consumption growth has returned, according to Société Générale (SG). In the Oil Drivers report of 24 October, SG analyst Deborah White observed: It took drastic central government measures in order to hold Chinas apparent demand broadly flat with that a year earlier from January through July. Factories shut down, gas-station...