Thu, Apr 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

China to overtake U.S. as world’s largest oil importer, OPEC says

Posted on 04 April 2013

China could overtake the U.S. as the world’s largest oil importer by 2014, the Organization of the Petroleum Exporting Countries said, the latest evidence of how the American shale boom is reshaping global energy markets.
“With the shale boom in the (U.S.) threatening to drastically reduce America’s oil-import needs, China is expected to take its place in the number one spot,” OPEC said in a report posted on its website this week………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930