{"id":12818,"date":"2010-12-21T11:47:19","date_gmt":"2010-12-21T10:47:19","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12818\/china-remains-major-growth-driver-for-oil-demand\/"},"modified":"2010-12-21T11:47:19","modified_gmt":"2010-12-21T10:47:19","slug":"china-remains-major-growth-driver-for-oil-demand","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12818\/china-remains-major-growth-driver-for-oil-demand\/","title":{"rendered":"China Remains Major Growth Driver for Oil Demand"},"content":{"rendered":"

Commodities continued to climb modestly higher in European session as China's pledge to assist the EU lifted optimism. The front-month contract for WTI crude oil price rose for a 3rd consecutive day with price approaching 90. China's National Development and Reform Commission (NDRC) said the country's consumption for oil products increased +15% y\/y to 20.07M metric tons, or 4.91M bpd, in November while demand grew +11% to 210M metric tons, 1539.95 mmb, in the first 11 months of 2010. Meanwhile, the commission said that diesel's shortage is easing gradually while stockpiles are rising.<\/p>\n

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\nChina Remains Major Growth Driver for Oil Demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Commodities continued to climb modestly higher in European session as China's pledge to assist the EU lifted optimism. The front-month contract for WTI crude oil price rose for a 3rd consecutive day with price approaching 90. China's National Development and Reform Commission (NDRC) said the country's consumption for oil products increased +15% y\/y to 20.07M metric tons, or 4.91M bpd, in November while demand grew +11% to 210M metric tons, 1539.95 mmb, in the first 11 months of 2010. Meanwhile, the commission said that diesel's shortage is easing gradually while stockpiles are rising. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12818","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12818"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12818\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}