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Heard a little snippet of news relating to China's growth and their oil consumption statistics which was on the BBC business news. China's imports of oil were initially thought to be down by the many which contributed to some fluctuations in the oil price a short while ago which could pose some relevance in today's markets. However the amounts of oil imported were in a dollar value when analysed instead of amount of barrels imported. As it turns out China's import of oil has increased over this time which wasn't evident until data was switched from dollar amounts to Bopd. Hope this news is relevant and helps
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