China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.
China Petroleum & Chemical Corp, or Sinopec Corp, said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...
The basis for the calculations was crude oil imports, local production, and refining data from the government. Last year, China’s crude oil imports plus domestic production averaged 15.28 ...
The world's second-largest refining industry is estimated to import 559 million metric tons of crude oil this year ... CNPC added. China's refinery throughput for 2025 is projected to reach ...
global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day ...