08.03.2013 - China: On course to become the world’s top oil importer
In a recent Commodities Note, Reuters detailed how the Paris-based International Energy Agency (IEA) is changing the way it records and reports China’s crude and refined oil products consumption as a result of a growing realization that the data used to date has been at best misleading, and often downright wrong. Measuring China’s oil consumption was not a particularly important process 10 years ago, but now the country is ranked only behind the US as an importer of oil...............................................Full Article: Source
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