RE:RE:RE:RE:RE:MS see Oil at 110 bucks !!Correcting a typo:
"...it will ne something to watch where they can get this oil with opec not able to produce its own quota ."
China (India also) are getting more oil from Gulf states and Russia at the expense of a reduction in supplies to the west.
China and India are getting more than their on-going needs to also build up their reserves.
China is securing priority to oil by entering into long term contracts and investing in infrastructure contracts in oil producing countries.