How bad is China oil demand?

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iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL) Delayed: 28.42 --0 (-0%)
Previous Close $28.42    52 Week High $7.90 
Open $27.68    52 Week Low $4.30 
Day High $28.42    P/E N/A 
Day Low $28.42    EPS $0.00 
Volume 2,273       

(AMEX: SHIIY) Delayed: 18.28 --0 (-0%)
Previous Close $18.28    52 Week High $ 
Open $0.12    52 Week Low $ 
Day High $18.28    P/E N/A 
Day Low $18.28    EPS $ 
Volume 5,000       

United States Oil Fund (NYSE: USO) Delayed: 153.25 +4.42 (2.97%)
Previous Close $148.83    52 Week High $13.50 
Open $151.11    52 Week Low $7.67 
Day High $155.60    P/E 7.77 
Day Low $150.08    EPS $19.73 
Volume 7,724,557       

ENERGY SEL SECT SPDR FD (NYSE: XLE) Delayed: 62.98 +0.61 (0.98%)
Previous Close $62.37    52 Week High $71.98 
Open $63.07    52 Week Low $49.93 
Day High $63.41    P/E N/A 
Day Low $62.46    EPS $0.00 
Volume 26,724,736