The Great Oil Market Paradox: Inflation Fears Meet Rising Demand

Inflation concern. Rate hike fears. These have been the drivers of oil market moves for months now. Demand and supply have largely remained ignored. But this may be about to change. “This is in a year where there [are] economic headwinds, where there [are] recessionary signs everywhere ... China’s still picking up,” the chief executive of Aramco acknowledged earlier this week, but added, speaking to CNBC, that he was optimistic for the future. The reason Amin Nasser was optimistic was, once again, China’s recovery.…