China’s oil demand continues to slow from its torrid rate

All the signs point to a continued softening of Chinese demand in this month’s Platts survey. The most relevant figure might be the rate of growth year-on-year. It’s still high, but it’s less than 7%. It was regularly double-digits just a few years ago.

You can read Platts analysis here.

One Comment on "China’s oil demand continues to slow from its torrid rate"

DC on Thu, 22nd Sep 2011 3:21 pm 



I think these guys need to watch Prof. Bartlets video on exponential growth. 7% ‘growth’ leads to a doubling time of only 10 years…