GDP Growth in China for First Quarter 2006 at 10.2%
Growth Wil Drive Demand for Oil
Keep your focus on China. With first quarter GDP growth at 10.2% in China look for major growth in oil consumption. This consumption is coming at a time where excess supplies are not available. India is the other country to watch. China will be a contributing factor that drives Oil over $75 a barrel in the short term.
Growth Wil Drive Demand for Oil
Keep your focus on China. With first quarter GDP growth at 10.2% in China look for major growth in oil consumption. This consumption is coming at a time where excess supplies are not available. India is the other country to watch. China will be a contributing factor that drives Oil over $75 a barrel in the short term.
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