Tuesday, December 28, 2004


Oil demand up in China


Posted: Monday December 27th, 2004, 2:35 PM
at bakersfield.com | Oil News

Venezuelan President Hugo Chavez said he expects trade with China to more than double to $2.7 billion next year on increased sales of oil products.

Trade between the world's fifth-largest oil exporter and China, the world's second-largest energy market, will grow from $1.2 billion this year and $150 million last year, Chavez said in a speech in Caracas on the state-owned television station after a four-day trip to China.


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