(EnergyAsia, October 20) — Credit watchdog Standard & Poors has warned that the economies of India and China are vulnerable to the impact of a serious oil shock. In a recent report, S&P said China is vulnerable to an economic retreat from an oil price shock because of its high energy needs as a…
MARKETS: S&P warns China, India could face serious oil shocks
Posted on October 20, 2006 by EnergyAsia