Extract from article published last night on Reuters re significant growth in Chinese oil imports:-
But there is evidence world oil demand is picking up, notably in the United States and China, the world's two biggest oil consumers.
China imported 8.55 million barrels per day (bpd) of oil in the first half of this year, up 13.8 per cent from the same period in 2016, making it the world's biggest crude importer ahead of the United States.
"We are definitely seeing robust demand growth (in China)," said Neil Beveridge, senior oil analyst at Sanford C. Bernstein
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