China's H1 oil use declines

China’s oil consumption declined in the first half of the year as the country’s economy slowed, but it would pick up growth in the second half, the main industry group said Monday.

According to the China Petroleum and Chemical Industry Association (CPCIA), China’s apparent consumption of crude oil dropped 2.9 percent year-on-year to 190 million tonnes.

The decline was 4.2 percentage points lower than that of the first quarter, Zhu Fang, deputy director of the CPCIA’s information and marketing department, told Xinhua.
Xinhua