Wednesday, January 7, 2015

China is getting Crude Oil from non traditional sources

What I thought was interesting, I wrote about, the data coming out how quickly China has moved from being supplied by Saudi Arabia to being supplied by Angola, to being supplied by other suppliers. And clearly the Saudis are very upset by this fact and are going to make certain that any market share they have lost, they are going to regain and they have the ability to do that.