1913 Intel

International Conflict, Western World Threats and Geopolitical Intelligence

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China, Africa, and Oil

Posted by Matt in June 7th, 2008 | no comment 
Published in Africa, China, Oil, , , , , , , , , , , , , , , , , , , , , , , ,

With energy demand spiking, China looks for answers in Africa. But Western investment and influence still dominate the continent’s oil market.
As global demand for energy continues to rise, major players like the United States, European Union (EU), and Japan are facing a new competitor in the race to secure long-term energy supplies: China. As its [...]

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Growing demand in producing countries pushes up the price of oil

Posted by Matt in May 22nd, 2008 | no comment 
Published in Oil, , , , , , , , , , , , , , , , , , , ,

The growing thirst for oil in China and India is well known. However, this global surge in demand is being led by oil producers that are emerging as significant consumers, too, undermining their capacity to export when global supplies are tightening.
“Consumption is cannibalising their export capacity,” Jeff Rubin, an oil analyst for CIBC World Markets [...]

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