Petroleum import and export in 2005.(markets)

From: China Chemical Reporter | Date: May 16, 2006 | Copyright information

The crude oil price in the international market continued to increase constantly in 2005, hitting the historical high time and again. The high oil price produced profound impacts on the global oil import and export trade.

As one of the major oil producers and importers in the world, China had a further growth in the oil production in 2005. The demand of oil products had a stable increase and the oil import and export trade developed considerably. According to statistical data from the Petroleum and Chemical Industry Association, the total import and export value of the ...

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