ENERGY | China Slowdown : OPEC Producers Shouldn't Panic Yet

  By Thangapandian Srinivasalu,  Executive Director, Gulf Petrochem Group Concerns that the slowdown in China’s economic growth wil...

 By Thangapandian Srinivasalu, 
Executive Director, Gulf Petrochem Group


ENERGY | China Slowdown : OPEC Producers Shouldn't Panic Yet by Thangapandian Srinivasalu
Concerns that the slowdown in China’s economic growth will curb Asia’s energy demand from the Middle East and beyond could be premature. Yes, any hint of weakness in the world’s largest net importer of crude and its second largest economy rings alarm bells in OPEC capitals and in boardrooms across the globe. India and Southeast Asian economies are also flourishing hubs of energy demand, respectively, but China is front and centre.

China’s crude imports in the first six months of the year grew by 7.5 percent, yes, slower than the 10 percent pace in the same period of 2014, according to customs data, but still a healthy increase with OPEC forecasting demand for its oil to rise by 1 million barrels a day in 2016.

The devaluation of China’s currency, the yuan in mid-August fueled fears in the globalmarkets that China’s debt-driven burst onto the global stage over the last decade could crumble and take the bulk of Asia’s energy demand down with it. But while China overtook the U.S. as the largest crude importer in April for the first time this year and no longer posts 10% annual gross domestic product growth, its fiscal future is hardly bleak.

The International Monetary Fund (IMF) expects China to report 6.8% growth this year, down from 7.4% last year, with 6.3% anticipated in 2016. While the forecasts mark China’s slowest economic growth in a quarter of a century, the data has also triggered Beijing’s plans to start switching to more sophisticated market reforms. If all goes to plan, China’s fiscal discomfort today will transform its rather wild economic prowess into a steady and safe consumer-based economy within a few years. 

China’s energy demands are not expected to weaken in the meantime. Beijing-based General Administration of Customs estimates that the country’s import of Middle Eastern crude climbed by 273,000 barrels a day (b/d) in the first half of this year on the same period in 2014, to a rough average this year of 3.5mn b/d – just below half of China’s total crude imports. China’s total imports for 2014 rose by 9% on 2013 to an average of 6.2mn b/d, and in the first half of this year surpassed 7mbpd.

The US’ Energy Information Administration (EIA) expects China's oil consumption to grow at a moderate pace to approximately 11.3mn b/d by 2016. In short, China’s energy needs will ensure it is amongst the world’s top importers for a long while yet.

China’s import appetite has partly been driven by an ambitious plan to build strategic petroleum reserve capacity to around 500 million barrels (bls) by 2020 to safeguard domestic supply. China’s current stockpile is likely to be around 130mn bls, but the exact figure is closely guarded. What is clear is that Beijing wants to have enough stored to equal at least 90 days of net oil imports by 2020, which amounts to and there is no doubt that the collapse in oil prices over the last year has created a perfect storm that has inadvertently lent China a helping fiscal hand to bolster storage. 

China’s expanding middle class is also expected to ramp up consumer-based growth, driving demand for gasoline and jet fuel. The tentative forecasts that oil prices will strengthen towards mid of next year means that China will probably also increase its imports during that time of the year to lock in additional refining supply sooner rather than later.

Kuwait is particularly keen to push deeper into the Asia’s downstream sector and is pursuing joint ventures with local counterparts to build integrated refineries as investors shun Europe’s dying refining sector. But Kuwait has had mixed success. There has been significant progress on Kuwait’s investment in Vietnam’s 200,000 b/d Nghi Son refinery, but efforts to take a stake in China's state-controlled Sinopec’s new 300,000 b/d Zhanjiang refinery have stagnated.

But there is no doubt that China’s robust and dual relationship with a handful of partners in the Middle East will continue, spearheaded by regional hegemon, Saudi Arabia. The Kingdom, the world’s largest exporter, accounted for the biggest portion of China’s crude imports last year, at 16%, followed by Angola and Russia with 13% and 11% respectively.

China’s historical trade link to the Middle East that has endured for over two millennia, plus Beijing’s aversion to wade into regional politics, continues to charm trade partners like Oman, the UAE and Iraq. But such close ties can also risk leading to overreliance, which could be said of Oman’s recent export portfolio. China accounted for around 90% of the Sultanate’s crude exports in June.

Meanwhile, China has kept a distance from Iran to appease the US and Europe during the economic sanctions on Tehran. But the historic Sino-Iran trade accord is expected to regain momentum following the testy nuclear agreement between Iran and the P5+1. Consultancy Facts Global Energy’s data shows that Iran accounted for 9% of China’s total crude imports in 2014, on par with Iraqi imports and a touch below Omani crude imports.

So should energy producers be rushing to safeguard investments against shaky Asian demand? Not quite, but they should heed the cautious undertone that has long accompanied China’s bullish story. There must be an appreciation of China’s changing economic framework and that the Asian heavyweight’s energy strategy will shift as it hits milestones in its quest for vast strategic petroleum reserves.

About The Author: 

Thangapandian Srinivasalu, Executive Director, Gulf Petrochem Group - Mr. S. Thangapandian, Gulf Petrochem Group’s Executive Director is an oil and gas professional with over 30 years of experience in sales, marketing and trading of petroleum products in India and Nigeria with PSU, MNCs and Private sector companies in India. Before joining the Group, he was working at Essar Oil Limited as CEO – Marketing & IST. He established PetroFina in India and was part of the Team that launched Gulf oil in India post opening up of the market. As Head of Marketing & IST in Essar Oil, a fully integrated oil company, his responsibilities included,  ‘Retail sales’, ‘Direct sales’, Retail Network Expansion, Sourcing Crude, Trading of Petroleum Products, Supply & Distribution for the company in India and Kenya.

Image Attribute: Shanghai Pudong District 2014/ Source: Wikimedia Commons

AIDN: 001-10-2015-0354
Name

-51,1,3D Technology,2,5G,10,Abkhazia,2,Abortion Laws,1,Academics,10,Accidents,21,Activism,1,Adani Group,5,ADB,13,ADIZ,1,Adults,1,Advertising,31,Advisory,2,Aerial Reconnaissance,13,Aerial Warfare,35,Aerospace,5,Afghanistan,88,Africa,113,Agile Methodology,2,Agriculture,20,AI Policy,1,Air Crash,10,Air Defence Identification Zone,1,Air Defense,7,Air Force,29,Air Pollution,1,Airbus,5,Aircraft Carriers,5,Aircraft Systems,5,Al Nusra,1,Al Qaida,4,Al Shabab,1,Alaska,1,ALBA,1,Albania,2,Algeria,3,Alibaba,1,American History,4,AmritaJash,10,Antarctic,1,Antarctica,1,Anthropology,7,Anti Narcotics,12,Anti Tank,1,Anti-Corruption,4,Anti-dumping,1,Anti-Piracy,2,Anti-Submarine,1,Anti-Terrorism Legislation,1,Antitrust,2,APEC,1,Apple,3,Applied Sciences,2,AQAP,2,Arab League,3,Architecture,3,Arctic,6,Argentina,7,Armenia,30,Army,3,Art,3,Artificial Intelligence,83,Artillery,2,Arunachal Pradesh,2,ASEAN,12,Asia,70,Asia Pacific,23,Assassination,2,Asset Management,1,Astrophysics,2,ATGM,1,Atmospheric Science,1,Atomic.Atom,1,Augmented Reality,8,Australia,57,Austria,1,Automation,13,Automotive,131,Autonomous Flight,2,Autonomous Vehicle,3,Aviation,63,AWACS,2,Awards,17,Azerbaijan,16,Azeri,1,B2B,1,Bahrain,9,Balance of Payments,2,Balance of Trade,3,Balkan,10,Balochistan,2,Baltic,3,Baluchistan,8,Bangladesh,28,Banking,53,Bankruptcy,2,Basel,1,Bashar Al Asad,1,Battery Technology,3,Bay of Bengal,5,BBC,2,Beijing,1,Belarus,3,Belgium,1,Belt Road Initiative,3,Beto O'Rourke,1,BFSI,1,Bhutan,13,Big Data,30,Big Tech,1,Bilateral Cooperation,19,BIMSTEC,1,Biography,1,Biotechnology,4,Birth,1,BISA,1,Bitcoin,9,Black Lives Matter,1,Black Money,3,Black Sea,2,Blockchain,32,Blood Diamonds,1,Bloomberg,1,Boeing,21,Boko Haram,7,Bolivia,6,Bomb,3,Bond Market,2,Book,11,Book Review,24,Border Conflicts,11,Border Control and Surveillance,7,Bosnia,1,Brand Management,14,Brazil,105,Brexit,22,BRI,5,BRICS,20,British,3,Broadcasting,16,Brunei,3,Brussels,1,Buddhism,1,Budget,4,Build Back Better,1,Bulgaria,1,Burma,2,Business & Economy,1214,C-UAS,1,California,5,Call for Proposals,1,Cambodia,7,Cameroon,1,Canada,56,Canadian Security Intelligence Service (CSIS),1,Carbon Economy,9,CAREC,1,Caribbean,10,CARICOM,1,Caspian Sea,2,Catalan,3,Catholic Church,1,Caucasus,9,CBRN,1,Cement,1,Central African Republic,1,Central Asia,82,Central Asian,3,Central Eastern Europe,48,Certification,1,Chad,2,Chanakya,1,Charity,2,Chatbots,2,Chemicals,7,Child Labor,1,Child Marriage,1,Children,4,Chile,10,China,581,Christianity,1,CIA,1,CIS,5,Citizenship,2,Civil Engineering,2,Civil Liberties,5,Civil Rights,2,Civil Society,5,Civil Unrest,1,Civilization,1,Clean Energy,5,Climate,67,Climate Change,25,Climate Finance,2,Clinical Research,3,Clinton,1,Cloud Computing,44,Coal,6,Coast Guard,3,Cocoa,1,Cognitive Computing,13,Cold War,5,Colombia,15,Commodities,4,Communication,11,Communism,3,Compliance,1,Computers,40,Computing,1,Conferences,1,Conflict,109,Conflict Diamonds,1,Conflict Resolution,48,Conflict Resources,1,Congo,2,Construction,5,Consumer Behavior,4,Consumer Price Index,5,COP26,4,COP28,1,COP29,1,Copper,2,Coronavirus,107,Corporate Communication,1,Corporate Governance,4,Corporate Social Responsibility,4,Corruption,4,Costa Rica,2,Counter Intelligence,15,Counter Terrorism,81,COVID,9,COVID Vaccine,6,CPEC,8,CPG,4,Credit,2,Credit Rating,1,Credit Score,1,Crimea,4,CRM,1,Croatia,2,Crypto Currency,17,Cryptography,1,CSTO,1,Cuba,7,Culture,5,Currency,8,Customer Exeperience,1,Customer Relationship Management,1,Cyber Attack,7,Cyber Crime,2,Cyber Security & Warfare,116,Cybernetics,5,Cyberwarfare,16,Cyclone,1,Cyprus,5,Czech Republic,3,DACA,1,DARPA,3,Data,9,Data Analytics,36,Data Center,2,Data Science,2,Database,3,Daughter.Leslee,1,Davos,1,DEA,1,DeBeers,1,Debt,13,Decision Support System,5,Defense,12,Defense Deals,8,Deforestation,2,Deloitte,1,Democracy,22,Democrats,2,Demographic Studies,2,Demonetization,6,Denmark. F-35,1,Denuclearization,1,Diamonds,1,Digital,39,Digital Currency,2,Digital Economy,11,Digital Marketing,7,Digital Transformation,11,Diplomacy,14,Diplomatic Row,4,Disaster Management,4,Disinformation,2,Diversity & Inclusion,1,Djibouti,2,Documentary,3,Doklam,2,Dokolam,1,Dominica,2,Donald Trump,48,Donetsk,2,Dossier,2,Drones,14,E-Government,2,E-International Relations,1,Earning Reports,4,Earth Science,1,Earthquake,8,East Africa,2,East China Sea,9,eBook,1,ECB,1,eCommerce,11,Econometrics,2,Economic Justice,1,Economics,43,Economy,109,ECOWAS,2,Ecuador,4,Edge Computing,2,Editor's Opinion,54,Education,67,EFTA,1,Egypt,27,Election Disinformation,1,Elections,44,Electric Vehicle,15,Electricity,7,Electronics,9,Emerging Markets,1,Employment,19,Energy,316,Energy Policy,28,Energy Politics,27,Engineering,24,England,2,Enterprise Software Solutions,8,Entrepreneurship,15,Environment,47,ePayments,13,Epidemic,6,ESA,1,Ethiopia,3,Eulogy,4,Eurasia,3,Euro,6,Europe,14,European Union,234,EuroZone,5,Exchange-traded Funds,1,Exclusive,2,Exhibitions,2,Explosives,1,Export Import,6,F-35,6,Facebook,9,Fake News,3,Fallen,1,FARC,2,Farnborough. United Kingdom,2,FATF,1,FDI,5,Featured,1382,Federal Reserve,2,Fidel Castro,1,FIFA World Cup,1,Fiji,1,Finance,18,Financial Markets,59,Financial Planning,1,Financial Statement,2,Finland,5,Fintech,14,Fiscal Policy,14,Fishery,3,Five Eyes,1,Floods,2,Food Security,27,Forces,1,Forecasting,3,Foreign Policy,13,Forex,4,France,33,Free Market,1,Free Syrian Army,4,Free Trade Agreement,1,Freedom,3,Freedom of Press,1,Freedom of Speech,2,Frigate,1,FTC,1,Fujairah,97,Fund Management,1,Funding,22,Future,1,G20,10,G24,1,G7,4,Gaddafi,1,Gambia,2,Gaming,1,Garissa Attack,1,Gas Price,23,GATT,1,Gaza,13,GCC,11,GDP,14,GDPR,1,Gender Studies,3,Geneal Management,1,General Management,1,Generative AI,8,Genetics,1,Geo Politics,105,Geography,2,Geoint,14,Geopolitics,9,Georgia,12,Georgian,1,geospatial,9,Geothermal,2,Germany,71,Ghana,3,Gibratar,1,Gig economy,1,Global Perception,1,Global Trade,96,Global Warming,1,Global Water Crisis,11,Globalization,3,Gold,2,Google,20,Gorkhaland,1,Government,128,Government Analytics,1,GPS,1,Greater Asia,175,Greece,14,Green Bonds,1,Green Energy,3,Greenland,1,Gross Domestic Product,1,GST,1,Gujarat,6,Gulf of Tonkin,1,Gun Control,4,Hacking,4,Haiti,2,Hamas,10,Hasan,1,Health,8,Healthcare,72,Heatwave,2,Helicopter,12,Heliport,1,Hezbollah,3,High Altitude Warfare,1,High Speed Railway System,1,Hillary 2016,1,Hillary Clinton,1,Himalaya,1,Hinduism,2,Hindutva,4,History,10,Home Security,1,Honduras,2,Hong Kong,7,Horn of Africa,5,Housing,16,Houthi,12,Howitzer,1,Human Development,32,Human Resource Management,5,Human Rights,7,Humanitarian,3,Hungary,3,Hunger,3,Hydrocarbon,3,Hydrogen,5,IAEA,2,ICBM,1,Iceland,2,ICO,1,Identification,2,IDF,1,Imaging,2,IMEEC,2,IMF,76,Immigration,19,Impeachment,1,Imran Khan,1,Independent Media,72,India,665,India's,1,Indian Air Force,19,Indian Army,7,Indian Nationalism,1,Indian Navy,27,Indian Ocean,24,Indices,1,Indigenous rights,1,Indo-Pacific,7,Indonesia,20,IndraStra,1,Industrial Accidents,4,Industrial Automation,2,Industrial Safety,4,Inflation,10,Infographic,1,Information Leaks,1,Infrastructure,3,Innovations,22,Insider Trading,1,Insurance,3,Intellectual Property,3,Intelligence,5,Intelligence Analysis,8,Interest Rate,3,International Business,13,International Law,11,International Relations,9,Internet,53,Internet of Things,35,Interview,8,Intra-Government,5,Investigative Journalism,4,Investment,33,Investor Relations,1,IPEF,1,iPhone,1,IPO,4,Iran,205,Iraq,54,IRGC,1,Iron & Steel,4,ISAF,1,ISIL,9,ISIS,33,Islam,12,Islamic Banking,1,Islamic State,86,Israel,145,ISRO,1,IT ITeS,136,Italy,10,Ivory Coast,1,Jabhat al-Nusra,1,Jack Ma,1,Jamaica,3,Japan,91,JASDF,1,Jihad,1,JMSDF,1,Joe Biden,8,Joint Strike Fighter,5,Jordan,7,Journalism,6,Judicial,4,Justice System,3,Kanchin,1,Kashmir,8,Kaspersky,1,Kazakhstan,26,Kenya,5,Khalistan,2,Kiev,1,Kindle,700,Knowledge Management,4,Korean Conflict,1,Kosovo,2,Kubernetes,1,Kurdistan,8,Kurds,10,Kuwait,7,Kyrgyzstan,9,Labor Laws,10,Labor Market,4,Land Reforms,3,Land Warfare,21,Languages,1,Laos,2,Large language models,1,Laser Defense Systems,1,Latin America,82,Law,6,Leadership,3,Lebanon,10,Legal,11,LGBTQ,2,Li Keqiang,1,Liberalism,1,Library Science,1,Libya,14,Liechtenstein,1,Lifestyle,1,Light Battle Tank,1,Linkedin,1,Lithuania,1,Littoral Warfare,2,Livelihood,3,Loans,9,Lockdown,1,Lone Wolf Attacks,2,Lugansk,2,Macedonia,1,Machine Learning,8,Madagascar,1,Mahmoud,1,Main Battle Tank,3,Malaysia,12,Maldives,13,Mali,7,Malware,2,Management Consulting,6,Manpower,1,Manto,1,Manufacturing,16,Marijuana,1,Marine Biology,1,Marine Engineering,3,Maritime,50,Market Research,2,Marketing,38,Mars,2,Martech,10,Mass Media,29,Mass Shooting,1,Material Science,2,Mauritania,1,Mauritius,2,MDGs,1,Mechatronics,2,Media War,1,MediaWiki,1,Medical,1,Medicare,1,Mediterranean,12,MENA,6,Mental Health,4,Mercosur,2,Mergers and Acquisitions,18,Meta,2,Metadata,2,Metals,3,Mexico,14,Micro-finance,4,Microsoft,12,Migration,19,Mike Pence,1,Military,112,Military Exercise,10,Military Service,2,Military-Industrial Complex,3,Mining,16,Missile Launching Facilities,6,Missile Systems,57,Mobile Apps,3,Mobile Communications,12,Mobility,4,Modi,8,Moldova,1,Monaco,1,Monetary Policy,6,Money Market,2,Mongolia,11,Monkeypox,1,Monsoon,1,Montreux Convention,1,Moon,4,Morocco,2,Morsi,1,Mortgage,3,Moscow,2,Motivation,1,Mozambique,1,Mubarak,1,Multilateralism,2,Mumbai,1,Muslim Brotherhood,2,Mutual Funds,1,Myanmar,30,NAFTA,3,NAM,2,Namibia,1,Nanotechnology,4,Narendra Modi,2,NASA,13,National Identification Card,1,National Security,5,Nationalism,2,NATO,34,Natural Disasters,16,Natural Gas,33,Natural Language Processing,1,Nauru,1,Naval Base,5,Naval Engineering,24,Naval Intelligence,2,Naval Postgraduate School,2,Naval Warfare,50,Navigation,2,Navy,23,NBC Warfare,2,NDC,1,Nearshoring,1,Negotiations,2,Nepal,12,Netflix,1,Neurosciences,7,New Delhi,4,New Normal,1,New York,5,New Zealand,7,News,1276,News Publishers,1,Newspaper,1,NFT,1,NGO,1,Nicaragua,1,Niger,3,Nigeria,10,Nikki Haley,1,Nirbhaya,1,Non Aligned Movement,1,Non Government Organization,4,Nonproliferation,2,North Africa,23,North America,54,North Korea,59,Norway,5,NSA,1,NSG,2,Nuclear,41,Nuclear Agreement,32,Nuclear Doctrine,2,Nuclear Energy,4,Nuclear Fussion,1,Nuclear Propulsion,2,Nuclear Security,47,Nuclear Submarine,1,NYSE,1,Obama,3,ObamaCare,2,OBOR,15,Ocean Engineering,1,Oceania,2,OECD,5,OFID,5,Oil & Gas,383,Oil Gas,7,Oil Price,73,Olympics,2,Oman,25,Omicron,1,Oncology,1,Online Education,5,Online Reputation Management,1,OPEC,129,Open Access,1,Open Journal Systems,1,Open Letter,1,Open Source,4,OpenAI,2,Operation Unified Protector,1,Operational Research,4,Opinion,695,Opinon Poll,1,Optical Communications,1,Pacific,5,Pakistan,181,Pakistan Air Force,3,Pakistan Army,1,Pakistan Navy,3,Palestine,24,Palm Oil,1,Pandemic,84,Papal,1,Paper,3,Papers,110,Papua New Guinea,2,Paracels,1,Partition,1,Partnership,1,Party Congress,1,Passport,1,Patents,2,PATRIOT Act,1,Peace Deal,6,Peacekeeping Mission,1,Pension,1,People Management,1,Persian Gulf,19,Peru,5,Petrochemicals,1,Petroleum,19,Pharmaceuticals,14,Philippines,19,Philosophy,2,Photos,3,Physics,1,Pipelines,5,PLA,2,PLAN,4,Plastic Industry,2,Poland,8,Polar,1,Policing,1,Policy,8,Policy Brief,6,Political Studies,1,Politics,53,Polynesia,3,Pope,1,Population,6,Portugal,1,Poverty,8,Power Transmission,6,President APJ Abdul Kalam,2,Presidential Election,30,Press Release,158,Prison System,1,Privacy,18,Private Equity,2,Private Military Contractors,2,Privatization,1,Programming,1,Project Management,4,Propaganda,5,Protests,13,Psychology,3,Public Policy,55,Public Relations,1,Public Safety,7,Publications,1,Publishing,7,Purchasing Managers' Index,1,Putin,7,Q&A,1,Qatar,114,QC/QA,1,Qods Force,1,Quad,1,Quantum Computing,4,Quantum Physics,4,Quarter Results,2,Racial Justice,2,RADAR,2,Rahul Guhathakurta,4,Railway,9,Raj,1,Ranking,4,Rape,1,RBI,1,RCEP,2,Real Estate,6,Recall,4,Recession,2,Red Sea,5,Referendum,5,Reforms,18,Refugee,23,Regional,4,Regulations,2,Rehabilitation,1,Religion & Spirituality,9,Renewable,18,Report,4,Reports,50,Repository,1,Republicans,3,Rescue Operation,2,Research,5,Research and Development,25,Restructuring,1,Retail,36,Revenue Management,1,Rice,1,Risk Management,5,Robotics,8,Rohingya,5,Romania,2,Royal Canadian Air Force,1,Rupee,1,Russia,318,Russian Navy,5,Saab,1,Saadat,1,SAARC,6,Safety,1,SAFTA,1,SAM,2,Samoa,1,Sanctions,6,SAR,1,SAT,1,Satellite,14,Saudi Arabia,130,Scandinavia,6,Science & Technology,396,Science Fiction,1,SCO,5,Scotland,6,Scud Missile,1,Sea Lanes of Communications,4,SEBI,3,Securities,2,Security,6,Semiconductor,20,Senate,4,Senegal,1,SEO,5,Serbia,4,Services Sector,1,Seychelles,2,SEZ,1,Shadow Bank,1,Shale Gas,4,Shanghai,1,Sharjah,12,Shia,6,Shinzo Abe,1,Shipping,11,Shutdown,2,Siachen,1,Sierra Leone,1,Signal Intelligence,1,Sikkim,5,Silicon Valley,1,Silk Route,6,Simulations,2,Sinai,1,Singapore,17,Situational Awareness,20,Small Modular Nuclear Reactors,1,Smart Cities,7,Smartphones,1,Social Media,1,Social Media Intelligence,40,Social Policy,40,Social Science,1,Social Security,1,Socialism,1,Soft Power,1,Software,7,Solar Energy,16,Somalia,5,South Africa,20,South America,48,South Asia,474,South China Sea,36,South East Asia,77,South Korea,63,South Sudan,4,Sovereign Wealth Funds,1,Soviet,2,Soviet Union,9,Space,46,Space Station,2,Spain,9,Special Education,1,Special Forces,1,Sports,3,Sports Diplomacy,1,Spratlys,1,Sri Lanka,24,Stablecoin,1,Stamps,1,Startups,43,State of the Union,1,Statistics,1,STEM,1,Stephen Harper,1,Stock Markets,23,Storm,2,Strategy Games,5,Strike,1,Sub-Sahara,4,Submarine,16,Sudan,5,Sunni,6,Super computing,1,Supply Chain Management,48,Surveillance,13,Survey,5,Sustainable Development,18,Swami Vivekananda,1,Sweden,4,Switzerland,6,Syria,112,Taiwan,32,Tajikistan,12,Taliban,17,Tamar Gas Fields,1,Tamil,1,Tanzania,4,Tariff,4,Tata,3,Taxation,25,Tech Fest,1,Technology,13,Tel-Aviv,1,Telecom,24,Telematics,1,Territorial Disputes,1,Terrorism,77,Testing,2,Texas,3,Thailand,11,The Middle East,654,Think Tank,317,Tibet,3,TikTok,2,Tobacco,1,Tonga,1,Total Quality Management,2,Town Planning,3,TPP,2,Trade Agreements,14,Trade War,10,Trademarks,1,Trainging and Development,1,Transcaucasus,20,Transcript,4,Transpacific,2,Transportation,47,Travel and Tourism,15,Tsar,1,Tunisia,7,Turkey,74,Turkmenistan,10,U.S. Air Force,3,U.S. Dollar,2,UAE,140,UAV,23,UCAV,1,Udwains,1,Uganda,1,Ukraine,113,Ukraine War,26,Ummah,1,UNCLOS,7,Unemployment,2,UNESCO,1,UNHCR,1,UNIDO,2,United Kingdom,83,United Nations,28,United States,765,University and Colleges,4,Uranium,2,Urban Planning,10,US Army,12,US Army Aviation,1,US Congress,1,US FDA,1,US Navy,18,US Postal Service,1,US Senate,1,US Space Force,2,USA,16,USAF,22,USV,1,UUV,1,Uyghur,3,Uzbekistan,13,Valuation,1,Vatican,3,Vedant,1,Venezuela,19,Venture Capital,4,Vibrant Gujarat,1,Victim,1,Videogames,1,Vietnam,25,Virtual Reality,7,Vision 2030,1,VPN,1,Wahhabism,3,War,1,War Games,1,Warfare,1,Water,17,Water Politics,7,Weapons,11,Wearable,2,Weather,2,Webinar,1,WeChat,1,WEF,3,Welfare,1,West,2,West Africa,19,West Bengal,2,Western Sahara,2,Whales,1,White House,1,Whitepaper,2,WHO,3,Wholesale Price Index,1,Wikileaks,1,Wikipedia,3,Wildfire,1,Wildlife,3,Wind Energy,1,Windows,1,Wireless Security,1,Wisconsin,1,Women,10,Women's Right,14,Workers Union,1,Workshop,1,World Bank,38,World Economy,32,World Peace,10,World War I,1,World War II,3,WTO,6,Wyoming,1,Xi Jinping,9,Xinjiang,2,Yemen,28,Yevgeny Prigozhin,1,Zbigniew Brzezinski,1,Zimbabwe,2,
ltr
item
IndraStra Global: ENERGY | China Slowdown : OPEC Producers Shouldn't Panic Yet
ENERGY | China Slowdown : OPEC Producers Shouldn't Panic Yet
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-DIn-KHwysqNP1uiyoEq2gNPdmRJS9GcTocETqlXpy_TMnfPFtXwUrB9yPBeuC1Jgg1bmBWqVMrrLvtV7GIM699mkLC781aEzdXzLM-UXExHaoYHXzro4ZU-hpiucAJW3NiT3XHnrya8/s400/Shanghai_Pudong_Jan_2_2014_opt.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-DIn-KHwysqNP1uiyoEq2gNPdmRJS9GcTocETqlXpy_TMnfPFtXwUrB9yPBeuC1Jgg1bmBWqVMrrLvtV7GIM699mkLC781aEzdXzLM-UXExHaoYHXzro4ZU-hpiucAJW3NiT3XHnrya8/s72-c/Shanghai_Pudong_Jan_2_2014_opt.jpg
IndraStra Global
https://www.indrastra.com/2015/10/ENERGY-China-Slowdown-OPEC-Producers-Shouldnt-Panic-Yet-0354.html
https://www.indrastra.com/
https://www.indrastra.com/
https://www.indrastra.com/2015/10/ENERGY-China-Slowdown-OPEC-Producers-Shouldnt-Panic-Yet-0354.html
true
1461303524738926686
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content