Sunday, 7 June 2009

Oil - the next shock waiting in the pipeline

Daily Mail
"One reason is that the big Asian economies - China and India - haven't been too badly hit by the global slowdown.China has offset its decline in exports to the West by launching vast infrastructure projects, sucking in more oil.And anyone who has been to an Indian city recently will have been struck by the explosion of middle-class car ownership on top of the millions of scooters."

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