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20

China's Oil Demand Will Be 11mln bpd by 2030

China will need around 11m barrels of oil per day by 2030, 50% of which will come from the Gulf

China will need around 11m barrels of oil per day by 2030, 50% of which will come from the Gulf, according to a senior official at McKinsey and Company, quoted by Gulf News. At the same time, only 18% of the region's oil will go to the US, said MD in the Middle East, Kito de Boer.