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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: axial7/27/2009 9:42:16 AM
1 Recommendation   of 206250
 
Bye-bye Vietnam -- another door shuts in spot gasoline market

- snip -

"The figures point to Chinese "apparent" gasoline demand in June being just 1.8% higher than the same month a year ago, a contrast with on-year growth rates of 20.2% in May and 13% in April. The anomaly of the June figure, in the backdrop of staggering double-digit growth rates of automobile sales in China and a 7.7% on-year average gasoline demand growth in the first half of the year, can only be explained by wild swings in stock builds and draws."

platts.com

Jim
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