More on China's oil implications - Bloomberg

http://www.bloomberg.com/apps/news?pid=20601081&sid=aADt.PjPt4DM

"The Chinese authorities are taking steps right now to restrict the amount of excess liquidity in their economy,” said Brad Samples, a commodity analyst for Summit Energy Inc. in Louisville, Kentucky. “This would not necessarily have a bearish impact on the market but a mitigating impact on some of the bull influences in the market.”