Global Oil Demand Is Growing ‘Strongly,’ Leading Trader Says

  • Trafigura says U.S. and China gasoline leading demand growth
  • Shell CEO says oil demand to grow 1.5 million barrels a day

Oil Prices Will Head Back Down, Here's Why

Trafigura Group Pte has joined other leading energy trading houses in saying oil demand is growing "strongly" this year, suggesting that OPEC’s cheap oil strategy is spurring consumption despite weak economic growth in China and other emerging nations. 

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