China may import 120 million tons of oil this year Date: Tuesday, June 29 @ 12:10:34 PDT Topic: Consumption; Demand; Prices
China is to process 270 million tons of crude oil and the overall oil consumption could hit 30.8 million tons, said Tian Chunrong, a senior engineer with the information department of China Petroleum and Chemical Corporation, China's largest oil refiner.
