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Saudi Aramco says China India are especially driving oil demand despite economic headwinds

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Comments crossing news wire from the Saudi Aramco CEO:

  • Oil markets fundamentals remain generally sound for rest of the year
  • Developing
    countries, especially China and India, driving oil demand growth of
    more than 2mln barrels/day this year
  • says China’s transport and petrochemical sectors are still showing signs of growth despite economic headwinds

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