China’s apparent oil demand falls 2%

摘要

Singapore—China’s apparent oil demand in November fell by 2.1% year on year to 40.88 million mt or an average 9.99 million b/d, according to Platts estimates Tuesday based on recently released preliminary government data. This is the second year-on-year contraction in China’s apparent oil demand this year. It had fallen by 2.3% year on year in September before reversing to positive growth of 0.9% in October, when it averaged 9.71 million b/d.