11. Asian economies will continue to grow and demand more oil
The East Asian economies are starting to grow on the basis of intra-region trade and trade with South America and Africa. They will become less dependent on exports to Europe or the US. China uses about twice as much oil as India, so even with a lower growth rate, China's influence will be greater.
Note also that more oil is being consumed in the Middle East as they develop their economies and start to use more oil for things like running desalinization plants.
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