Chinese investment slump threatens oil prices

Chinese investment flows are slowing down which could spell the end of the current investment cycle, and signal a recession ahead. Given the importance of emerging markets like China in sustaining oil price growth in recent years this is unwelcome news on top of the continuing crisis in US housing.

The danger now is that by allowing the global economic boom to inflate for longer than in the past, the following recession will be longer and deeper than previous downturns. This is not a happy immediate outlook for oil and gas prices as global demand will fall.
AME Info