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Asian economic outlook: low oil price environment

Asian economic outlook: low oil price environment 01:40
Asian economic outlook: low oil price environment

22 Feb 2016
Macquarie Group

In 2014, demand growth for oil fell from 1.4 million to 700,000 barrels a day as supply grew by almost 2.5 million barrels a day. Macquarie Securities Head of Oil and Gas in Asia, James Hubbard, says oil demand in China remains strong, despite the decrease globally.