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Letter "Y" » Yan Kefeng Quotes
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«Inventory is a big factor. Total primary inventories increased, but the gap explained by inventory changes is relatively small -- the key main driver is a drop in demand for heavy fuels.»
Author: Yan Kefeng
«Demand for light products grew, but demand for heavy fuels fell very sharply -- there was significant improvement in power supply and demand destruction caused by high oil prices.»
Author: Yan Kefeng
«These changes will remove the supply constraints, that will more than offset the consumer impact.»
Author: Yan Kefeng
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