Important: China and Oil-13:20 (CET)

By @ibtimes on

It was just know that China could raise its oil consumption by 13% on the fourth trimester. Right now, the Asian giant is using 8.17 million barrels per day, 460.000 (+5.8%) than in August.

China is also looking for new suppliers in Africa. If the consumption in China and in the US rises, oil could reach 100 dollars per barrel by the end of the year.

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