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China’s oil consumption to tick up 1.1% in 2025, CNPC think tank says

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China’s oil consumption will rise 1.1% in 2025 to 765 million metric tons amid better than expected economic growth and increasing demand for petrochemicals, a think tank affiliated with state energy company China National Petroleum Corp (CNPC) said on Tuesday. Oil demand from the petrochemical sector still has room to grow as China’s per-capita plastic ...

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