China oil demand shoots up

China’s apparent oil demand rose by 5.3% year on year, to 44.96 million metric tonnes (Mt) according to new data. The figures from Platts, show the highest absolute demand on record, since they first started tracking China’s oil demand in 2005. In 2014 demand rose by 3% to an average of 10.1 million barrels/day (b/d), […]