US media: China and India are rewriting the rules of the game for oil and gas

The current oil price crisis has caused drastic changes in the global energy market, and two major Asian economies-China and India-are taking advantage of the existing oversupply to rewrite the long-standing rules of the oil industry
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??????? In the past 25 years, China and India's demand for oil has been increasing exponentially
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At present, China and India together account for 16% of the world's total oil consumption, second only to the United States, which consumes 20%
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Analysts predict that by 2040, China and India will consume 30% of the world's oil
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???????? The most striking thing is that new trade routes are being established
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At the beginning of this decade, Russia provided China with about 7% of its total oil imports, while Saudi Arabia provided 20%
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However, in 2015, Russia surpassed Saudi Arabia four times to become China's largest oil supplier
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??????? Both China and India are using their huge size to grab profitable deals, and oil suppliers are also willing to "accommodate" China and India
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