Saturday, 16 January 2010

FACTBOX-Asian crude oil demand growth in 2010

Asian oil demand growth was set to accelerate in 2010 after India's imports from West Africa and the Mediterranean hit record highs and Chinese demand for crude hit an all time high in December.

- Chinese crude oil imports averaged more than 5 million barrels per day for a month for the first time in December, according to China's customs office.

The glut of fuel could be set to increase -- trade sources have told Reuters that China has lined up more crude from Kuwait, Saudi Arabia and Iraq this year.

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