Five years after launching reforms of its domestic oil markets, China’s energy demand is making a big impact on the world markets. Chinese demand is expected to help prop up oil prices in 2004 and beyond while overtaking Japanese demand to become the world’s second largest after the US. Last year was a watershed for…
CHINA: Rampant oil demand growth sets stage for strong world markets in 2004
Posted on January 16, 2004 by EnergyAsia