US oil demand growth to surpass China

摘要

Singapore—Oil demand growth in the US this year is likely to exceed that of China’s for the first time since the 1990s, skewing overall global demand in favor of developed markets, investment bank Goldman Sachs said in a new report released Friday “In 2013, it was emerging market demand that disappointed while developed market demand not only surprised to the upside... European demand actually grew last quarter,” according to analysts led by Jeffrey Currie, Goldman’s global head of commodities research. The bank said China’s oil demand growth had slowed to just 230,000 b/d year on year from January to October because of its stable GDP growth and moderation of industrial production gains.