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Commodities Briefing - Categorized | Market Pulse, Oil more

Why oil is so important to China

Posted on 09 March 2011

From Telegraph: The presence of a Chinese frigate off the coast of Libya last week was deeply significant as the world’s major powers position themselves to protect future supplies of fuel.
The ship, and the special forces personnel it carried, were there to make sure that the estimated 30,000 Chinese workers in Libya were safely evacuated, in the face of a rash of attacks on Beijing-owned oil facilities. ………………………………………Full Article: Source


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