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This country could see a huge boost from China's thirst for oil
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Tuesday, June 22, 2010
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From OilPrice.com:

China is a force to be reckoned with in the international oil market.

It is today the world's second-largest oil consumer, after the mighty U.S. And an increasing amount of China's oil use is being supplied by imports. In 2009, China's import crude volume exceeded domestic production for the first time ever.

This means the Chinese are looking abroad for more oil. China's national oil companies have been extremely active in buying...

Read full article...

More on energy:

A strange development in the natural gas market

Legendary investor Chanos is short-selling the big oil companies...

This quiet development could be a huge opportunity for energy investors

Topics: South_America | Energy | Commodities
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