Deutsche Bank (DB): China’s Economic Deceleration Means Less Oil Demand In 2H 2010

A slowdown in China’s economic activity will be reflected in slower oil demand growth for the second half of this year, Deutsche Bank predicted in a report Friday. And the impact of a slowdown in China’s growth is likely to be greatest on China’s demand for diesel, Deutsche said in its weekly commodities report, “given its correlation to Industrial Production.” – iMarketNews