Asian Oil Demand - Trick or Treat? (October 31st, 2014)
Oil demand in China and India is expected to remain resilient
Happy Halloween! To the tanker market, nothing could be scarier than a slowdown in Asian oil demand, which is exactly what the mainstream press has been writing about in recent days. A decline in oil headed East is frequently quoted as one of the contributing factors driving the fall in oil prices, but does the data support this assertion?