China’s 2013 oil demand up 1.6%, slowest in 5 years


BEIJING: China's oil consumption in 2013 experienced the slowest rise in five years, data showed on Monday, because of easing economic growth but the pace is expected to accelerate this year as new refineries start up.

Implied oil demand in the world's second-largest user rose 1.6% last year, or 150,000 bpd on the year, according to Reuters calculations based on preliminary government data.

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China , oil , refinery , 2013 , growth , slow , economy

   

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