The Houston Chronicle quotes Global Energy Center Nonresident Senior Fellow Brenda Shaffer on how China is increasingly becoming the primary market driver in oil over the Middle East:

“There’s a divorce happening between the Middle East and oil. China is the market driver in oil. It’s the major question mark. When the Chinese economy goes down, it sinks demand for oil not just in China but in Europe, North America and the rest of Asia.”

Read the full article here.

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