(EnergyAsia, February 27, Wednesday) — China’s crude oil production and oil consumption reached record levels last year, said the China Petroleum and Chemical Industry Association (CPIA).Its crude oil output rose 1.6% to a new high of 186.7 million tons, while its net import surged 14.7% to 159.28 million tons.Domestic consumption of crude oil rose 7.3%…

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