BEIJING (AFX-ASIA) – China’s oil consumption is expected to hit 10.9 million barrels per day (b/d) by 2025, double last year’s total consumption level, Goldman Sachs said in a research note. The investment bank quoted statistics from the Energy Information Administration (EIA) as saying that by 2025 China is likely to account for 9.2% of…
CHINA: Oil consumption seen to hit 10.9 million b/d by 2025 – Goldman Sachs
Posted on November 20, 2003 by EnergyAsia