Asia driving force of oil demand growth
More than half the growth in demand of about 1.7-1.8 million barrels a day came from Asia this year
Singapore
OIL majors and global oil traders struck a bullish tone on Monday amid a rangebound oil price market, with many noting that oil demand has grown significantly this year in line with stronger global economic growth, and that the market is well on its way to rebalancing.
A top industry executive also expects the Organization of the Pe…
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