(EnergyAsia, September 14) — China’s oil market posed a puzzle in the first half of the year: consumption of major oil products grew by a mere 1.4% while its economy powered ahead by 9.5%. What gives? The brunt of the consumption slowdown was borne by declines in gasoline and fuel oil use, partly offsetting the…
CHINA: Oil shortage expected to worsen in the second half
Posted on September 14, 2005 by EnergyAsia