MARKETS

Demand destruction not on cards yet: RBC

US vehicle efficiencies mean $3/gallon  gasoline not the bogeyman it was  

Paul van Lieshout Hunt
  $3/gallon gasoline isn't the bogeyman it was once was.

$3/gallon gasoline isn't the bogeyman it was once was.

However despite the worries of a high oil price again harming sectors in major economies the US, India and China RBC Capital Markets sees demand holding steady thanks to changes in vehicle efficiency and...

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