(EnergyAsia, July 21, Tuesday) — China is spearheading an Asian-led super-cycle world recovery in oil and base metal demand, said Canada’s Scotiabank. By next year, the bank predicts oil prices will approach ‘mid-cycle’ levels of US$90 per barrel, thanks to record Chinese imports. Scotiabank’s Commodity Price Index, which measures price trends in 32 of Canada’s…