Crude imports for the first four months totalled 57.1 million tons, down 4.5 percent year-on-year.
Crude consumption in the nation slumped to 7.46 million barrels a day in the fourth quarter of 2008 as the global economic slowdown began to bite and exports collapsed.
The increase in consumption in the second quarter could be a sign of the economy beginning to recover. CLSA China's purchasing managers’ index,
moncler pas cher, an indicator of manufacturing activity,
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The increase in consumption in the second quarter could be a sign of the economy beginning to recover.
(Caijing.com.cn) China's crude oil consumption is expected to increase to 8.09 million barrels a day in the second quarter,
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Full article in Chinese: http://www.caijing.com.cn/2009-05-13/110165064.html
The Energy Information Administration said in its monthly report that it expects oil consumption to pick up in China this year to reach 8.27 million barrels a day in the third quarter and 8.32 million in the fourth quarter.
China imported 16.17 million tons of crude oil in April, up 13.6 percent from 14.24 million tons a year ago, according to the latest customs figures.
By staff reporter Chen Zhu
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The latest EIA report forecast China's average daily crude oil consumption at 8.05 million barrels a day in 2009,
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China is the world's second largest petroleum consumer and fifth largest producer. The country consumed 7.27 million barrels of crude oil a day in 2008 and produced 3.84 million,
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China Crude Consumption Expected To Pick Up - EIA
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