Barclays China's daily demand for crude oil will i

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Barclays: China's daily demand for crude oil in 2014 will increase by 350000 barrels

Barclay pointed out in its recent market analysis that China's crude oil demand in 2014 may increase by 350000 barrels/day. China's crude oil demand in December is also expected to increase due to the rebuilding of inventories. As refineries, especially the automotive industry, start new production capacity, China's demand for crude oil will increase every month

the aftereffect of the explosion of crude oil pipeline continued, and the explosion tightened the market supply of Chinese products, especially "Diesel". Sinopec may cut the export volume of diesel and gasoline from Qingdao refinery within this year

China's potential oil demand in November increased slightly from October to 9.95 million barrels a day, but fell 5% month on month. From the above experimental process, we can see that the operation of the refinery improved in the first half of November, and the pace of economic recovery remained sluggish in the second half of November. China's low economic activity in November extended its service life, and the annual rate of industrial output and power generation fell, which is the reason for China's weak crude oil demand

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