"The decrease was interpreted by the markets as a sign that the demand recovery in the region, home to the second and third largest oil consumers, is running out of steam," said Rystad Energy analyst Paola Rodriguez-Masiu.
"There are so many uncertainties with regard to the Chinese economy and their relationship with key industrialised countries, with the US and these days, even Europe," Keisuke Sadamori, director for energy markets and security at the International Energy Agency, told Reuters.
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