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2018-01-17 23:40:00

CHINA'S OIL DEMAND UP 4.6%

CHINA'S OIL DEMAND UP 4.6%

PLATTSChina's apparent oil demand is expected to rise 4.6% year on year to hit 600 million mt (12.05 million b/d) in 2018, with net crude imports to increase 7.7% to 451 million mt, according to a report released Tuesday by state-owned China National Petroleum Corp.'s Economics and Technology Research Institute. 

China's oil product exports are forecast to surge 30.7% year on year to 46.8 million mt amid strong growth in output but slow domestic demand.

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Tags: CHINA, OIL, GAS, DEMAND
Chronicle:
CHINA'S OIL DEMAND UP 4.6%
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