China to Surpass U.S. as World’s Top Crude Importer, OPEC Says
China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today. Imports to China may surpass 6 million barrels a day by the end of this year, according to […]