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PetroChina Sees Fuel Demand Rising In China Despite COVID

Chinese fuel demand will continue to expand this year, despite COVID lockdowns and weak economic data for April, says PetroChina, the country’s biggest oil and gas refiner. “With the improvement of the COVID situation, refined product inventory is now showing a downturn,” Reuters quoted Ren Lixin, vice president of PetroChina, as saying during a Friday briefing.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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