BEIJING (AFX-ASIA) – The International Energy Agency said in a monthly report that it has cut China’s oil demand forecast by 340,000 barrels per day (b/d) to 4.95 million b/d for the second quarter on concerns about the Severe Acute Respiratory Syndrome (SARS) epidemic. This compares unfavourably with domestic oil consumption of 5.24 million b/d…

This article is for Subscriber members only.
Log In Register