China’s Economic Slowdown Weighs On Oil Demand Growth in August

摘要

China’s apparent oil demand in August wasslightly lower than in July, but was 5.7% upyear-on-year — the second-slowest annual growth rate so far this year.Energy Intelligence calculationsbased on official data published onWednesday put apparent oil de-mand last month at 9.07 millionbarrels per day, up 485,000 b/dfrom August 2010, but 109,000 b/dlower than the month before. FromJanuary to August, apparent oil con-sumption rose 7.8% year-on-year to9.36 million b/d.