How China's Rise to Top Oil Importer Affects Global Markets

China has surpassed the U.S. as the No. 1 importer of oil, and current indications are that Chinese oil demand will average 1.9% higher annually through 2035.

Money Morning Global Energy Strategist Dr. Kent Moors joined CCTV News Thursday and detailed China's rise as the top oil importer, and the impact China's oil demand will have on the global markets.

Moors also discussed whether there will be enough oil supply to satisfy global demand in the upcoming decades.

Get Moors' take on these and other pressing energy issues here:


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  1. PARMOD SEHGAL | November 12, 2013

    In earlier communications Dr Moore has been mentioning about the increasing production and use of shale gas and shale oil as an alternative to crude oils in US and Canada.Even China itself is said to be in advance stage of bulk producing shale gas and shale oil for its future energy requirements.Does't this mean falling demand for crude oil over a period of two to three years globally.

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