Chinese oil production rises five percent on year

Chinese oil production in the first quarter rose five percent from a year ago to 3.67 million barrels per day, or 180,000 barrels more than for the same period of last year.

“Such a growth rate is rare in recent years,” Shan Weiguo, research director at the country’s largest oil producer, China National Petroleum Corp. (CNPC), told the Xinhua state news agency on Saturday.

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