From Frank Holmes of U.S. Global Investors:
Lost in the shuffle of the European debt woes, a second round of quantitative easing and gold's record run has been the resurgence in global demand for oil. Global oil demand is strong; in fact, it has never been stronger. Oil demand during the third quarter of this year was up 3.7%, the fourth-straight quarter of growth.
Who's behind this increase in demand? Emerging markets.
You can see from the chart that global oil consumption has bounced well off early 2009 lows and now...
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