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Fly News Breaks for May 27, 2015
IOC, CEO
May 27, 2015 | 08:04 EDT
Bernstein reports that China's oil demand in the first four weeks of the year was stronger than expected. The firm says that stronger SUV sales, which are up 50% in the country, have driven the upside in demand. Bernstein expects analysts to raise their current global oil demand estimates, and it identifies CNOOC (CEO),and InterOil (IOC) as being among its favorite ways to play the trend.
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