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China oil consumption helping to ease downturn but fears persist - Financial Times
Bloomberg | China oil consumption helping to ease downturn but fears persist Financial Times The head of BP's trading arm in Asia said global oil consumption led by China is helping to reduce excess crude stockpiles and alleviate pressure on a market now into its third year of a downturn. “The market is in rebalancing mode,” said Janet Kong, ... Oil Traders Turn More Bullish at Asia's Top Energy Conference |
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