China's Oil Demand Rebounds, an Industrial Info Market Brief
China's Oil Demand Rebounds, an Industrial Info Market Brief
Following a hefty toll on the world's economies due to COVID-19, China's oil demand is strongly rebounding, reaching more than 90% of the levels seen before the pandemic. China's crude imports hit an all-time high in May, as low prices spurred demand, according to The Economic Times of India.
Industrial Info is tracking 133 active petroleum refining facilities in China.
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