Seleskya + 50 AS February 21, 2018 Lots of talk about the future of Chinese oil demand lately, but the country's switch to high-speed rail is one of the clearer indicators that China's oil demand might not be as much as previously forecasted. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS February 21, 2018 Yeah, I think everyone is underestimating how much this awesome trains will change things. Definitely cutting down oil demand. I mean, we're talking about millions of people traveling here and doing it the high-speed way. Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB February 21, 2018 OP had a good news brief on this .. https://oilprice.com/Energy/Energy-General/China-Oil-Demand-Growth-To-Slow-Down-This-Year.html Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 26, 2018 Yup. And add to this the move away from heavy industries and the longer-term outlook is not so good for the oil industry. Gas should be safe, though. Quote Share this post Link to post Share on other sites
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