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Heading in Oppposite Directions: China and US Reliance on Oil Imports

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Report summary

China's energy demand has been on a strong rising trend a consequence of its economic growth. In our current forecast China's crude oil import volumes surpass the US post 2015. China faces the risk of becoming similar to the United States of old with oil import costs rising along with increasing dependency on OPEC. Unlike China US import costs are falling as is its dependency on non North American crudes.

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  • Document

    Heading in Opposite Directions China and US Oil Trade 24 July 2013.pdf

    PDF 465.67 KB

  • Document

    Heading in Oppposite Directions: China and US Reliance on Oil Imports

    PDF 314.99 KB

  • Document

    Heading in Oppposite Directions: China and US Reliance on Oil Imports

    ZIP 587.18 KB

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