OREANDA-NEWS. June 27, 2011. In this month's Platts' analysis of Chinese oil demand, our calculations put together by Singapore editor Calvin Lee show that May demand slipped a bit relative to April. It also was another month where annual growth was less than double digits.

There's been a great deal of speculation in all markets about a great Chinese slowdown coming. These numbers give a hint that it might be slower, but at more than 8% annual growth in Chinese oil demand, the economy is hardly grinding to a halt.