Goldman Drops China as Oil Market Driver in Favor of US, Europe

摘要

Investment bank Goldman Sachs is now looking to the US and Europe, rather than China, to drive oil markets next year - in a striking reversal of both its recent advice to clients and its long-held focus on emerging country demand as the key factor in global energy markets. Goldman's global head of commodities research, Jeff Currie, told the Oil Council World Assembly in London on Wednes- day that the bank agrees with the Interna- tional Energy Agency's recent forecast that Chinese oil demand growth will slow from some 800,000 barrels per day this year to 300,000 b/d in 2011.