Steady growth seen in refined oil consumption

Consumption of refined oil saw stable growth in China in 2018, according to data provided by the National Development and Reform Commission. Around 325 million metric tons of refined oil were consumed in the country last year, up 6 percent from the previous year, the NDRC said. The growth was slightly faster than the 5.9 percent rise recorded in 2017. Gasoline consumption climbed 7.8 percent in the past year, compared with 10.2 percent in 2017, while diesel consumption gained 4.1 percent, up from 2 percent in 2017.