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    China'S Dependence On Foreign Oil Has Reached A New High Of &Nbsp, About 55% This Year.

    2010/12/29 10:28:00 30

    China'S Dependence On Foreign Oil

    Chinese

    petroleum

    The dependence on foreign countries has increased year by year and will reach a new high this year.

    The national development and Reform Commission announced 28 days that it expects full year oil.

    External dependence

    About 55%.


    According to the data released by the NDRC, China has accumulated 2.18 billion tons of crude oil from 1 to November, an increase of 19.8% over the same period last year.

    According to the news released by Ministry of industry and information technology, China's automobile sales volume increased to 34% from 1 to November this year, up 34% compared with the same period last year, which has increased China's oil demand to a certain extent.


    According to monitoring by the development and Reform Commission, 2010 International

    Market oil price

    The average annual price increase is about 28% higher than that of last year.

    In December 23rd, the price of WTI crude oil and Brent crude oil futures reached $91.51 a barrel and $94.25 respectively, a record high since October 2008.

    Over the same period, domestic gasoline and diesel retail prices increased by 8% and 8.7% respectively.


    Since China first became a net importer of oil in 1993, China's dependence on crude oil has risen from 6% in the past year, and for the first time last year exceeded the 50% psychological line perceived by the public.

    In 2009, China's crude oil imports amounted to 2.04 billion tons, and its dependence on imports was 53%.

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