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China oil demand to approach peak this year, CNOOC economist says

Energy Middle East crisis may accelerate shift in world’s largest crude importer A child walks along a hiking trail near oil storage facilities of China National Offshore Oil Corp.’s Ningbo Daxie Petrochemical in China’s Zhejiang province on March 21. © Reuters HOUSTON, Texas — Chinese oil consumption could peak considerably sooner than projected, the head of a major […]