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"China National Petroleum": China's energy demand will peak in 2040

2017-08-16 09:52 am | Resource: News Section | No Views : 432

"China National Petroleum": China's energy demand will peak in 2040

China's National Petroleum Corporation (CNPC) said it expects China's energy consumption to reach its peak in 2040 at 4.06 tons of oil equivalent.
China's demand is expected to reach 690 million tons per year, at its highest level in 2030, compared with last year's estimate of 670 million tons per year in 2027, the Chinese Petroleum Corporation predicted.
Last year, the report had forecast peak demand in 2035 at 3.75 billion tonnes of oil equivalent.

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Best Opportunities, Vision and Technical Analysis for The Oil 17 April 2019

(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…

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