Wednesday, June 13, 2007

China's May Crude Oil Output Rises 2 Percent on Higher Demand for Energy

(Bloomberg) -- China increased oil production by 2
percent last month as producers pumped more crude to meet demand
in the world's fastest-growing major economy.

Oil production increased to 16.06 million metric tons
(about 3.8 million barrels a day) in May, according to an e-
mailed statement today from the Beijing-based China Mainland
Marketing Research Co., which compiles data for the National
Bureau of Statistics.


Read more at Bloomberg Energy News

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