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Vendor outshines rivals and impresses clients with Chinese oil data

YC Yaw - Thomson Reuters
YC Yaw, Thomson Reuters

China's significance to the global oil market has only grown in recent years. In September 2013, the Asian giant overtook the US to become the world's biggest importer of crude oil and other liquids on a monthly basis, according to the US Energy Information Administration. Meanwhile, market participants eagerly await the launch of a domestically delivered oil futures contract by the Shanghai International Energy Exchange, which is widely believed to be imminent. So it's hard to overstate the

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