USD 65.6046

-0.02

EUR 72.6243

-0.21

BRENT 59.13

+0.04

AI-92 42.31

+0.03

AI-95 46.07

+0.02

AI-98 51.76

+0.01

Diesel 46.02

+0.03

22

Chinese Oil Production to Rise

Oil output may climb to 186 million tons in 2007

China's crude oil production may rise 1.5 percent this year, China Petroleum and Chemical Industry Association said.

Oil output may climb to 186 million tons in 2007, and increase to 189 million tons next year, said Meng Quansheng, the association's vice president.

China's dependency on imported oil will be about 47 percent in 2008, he said.