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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-04 03:00 AM
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China Buying More Russian Crude

Surprise Surge in Global Oil Demand

Oil demand this year is rising faster than expected as a surging Chinese economy begins to spur growth in surrounding nations, the International Energy Agency said Wednesday.

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China Buying More Russian Crude
By Lawrence Yong
Bloomberg

China Petroleum & Chemical Corp., Chinese Petroleum Corp. and other Asian refiners are boosting purchases of Russian crude oil as declining demand in Europe makes the oil cheaper than competing grades from the Middle East

http://www.moscowtimes.ru/indexes/06.html
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