10 February 2020
Writing in the Poten & Partners weekly tanker market report, head of tanker research Erik Broekhuizen noted “In 2003, China’s oil demand was about 5.8M b/d, as compared to 13.6M b/d in 2019. China’s net oil imports in 2003 were less than 2M b/d. In 2020, China is expected to import five times as much.”
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