China is the one to watch for energy market predictions
The country is becoming more significant in the global oil markets - its future in energy is important for the industry
China is the world's second-largest economy, it is on its way to becoming the world's largest oil importer and it is the largest emitter of carbon dioxide (CO2). More than ever, what happens in China will be felt throughout energy markets in 2015. Here are some of the issues we'll be watching: Will oil demand recover? Chinese oil demand growth fell sharply in 2014 and has been a major contributor to the oil price's steep decline. The oil market had grown accustomed to Chinese oil demand rising at about 5% per year, but the country's economic restructuring has slowed growth and hit oil demand harder than most had expected. The International Energy Agency reckons demand grew by just 2.5% in
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