Tuesday, January 24, 2012

China's 2011 Oil Imports

As we just talked about oil and natural gas today, I want to share this WSJ article that provides a few current statistics on China’s crude imports in 2011. Notably, the amount imported from Iran went up by 30% while the total increased by 6.1% last year. Such a fact on its own provides questions for debate in terms of international relations and security issues given the complicated overall global politics. On the other hand, from the demand perspective, it is also worth questioning what might happen with China’s energy imports when a “soft landing” of the economy is of concern.

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