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The Oil Industry Is Losing The Burn Of Asian Demand
07 Jul 2016, 11:56 AM IST i


Singapore/Seoul/Tokyo: After half a year of strong oil price rises, Asian crude demand is slowing and by some measures falling, and many market participants suspect it is not just a cyclical phenomenon, but also a product of more permanent structural changes.
With years of annual economic growth of 7-10 per cent in China and similar recent figures from India, Asia-Pacific has overtaken the Americas to become the world's biggest oil ...
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