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Oil's Unlikely Bollywood Ending

Demand growth shifts to India, offering little lift to prices.

Oil forecasters no longer project a Hollywood ending for crude. These days, it's more of a Bollywood ending.

We wrote here about the torch of oil demand being passed from the industrialized world to emerging markets, especially China, in the past decade or so. Equally as important: The same trend can be seen in forecasts for future oil demand.