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China Says Oil to Exceed 50 Percent of Its Energy by 2010
China will rely on oil for more than half of its energy by 2010, when net imports will rise to between 180 million tons and 200 million tons of oil a year, a Chinese official said.
February 14, 2005
OPEC Cuts 2004, 2005 Oil Demand Estimates on Slower Economy
The Organization of Petroleum Exporting Countries, producer of more than a third of the world’s oil, cut its estimate for the growth in world demand this year and next as high prices hurt economic growth.
November 18, 2004
