Asia: China's Demand Growth Sets Tone for Oil Market

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Many Western analysts are counting on a Chinese demand recovery of more than 1 million barrels per day to tighten up the oil market in the second half of the year, but are basing that on state data they think might be tinkered with to show a solid bounce back from Covid-19 lockdowns. Analysts in China agree demand will be rising, but see a lower bounce.

Oil Demand, Oil Supply, Refining
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