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Is China’s demand for oil nearing its peak?

Is China’s demand for oil nearing its peak?

Uncertainty about China’s oil demand has become the biggest bearer for oil. Every time analysts mention lower prices, it’s because of uncertainty about Chinese demand or the potential certainty that that demand isn’t picking up. As the world’s largest oil importer, the Asian powerhouse has a fairly straightforward meaning for oil markets. Players in those markets may need to start adjusting to the idea that China will not continue to consume more and more crude oil in the future. The latest import figures…

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