China’s oil demand rise slows in May

China’s oil demand growth slowed to 9.4% in May from a year earlier, after eight months of double-digit growth, as large volumes of refined products were exported and despite record domestic crude processing activity.China consumed almost 8.56 million barrels per day of oil last month, Reuters calculations based on official data showed, 0.1% less than in April. (June 21, 2010)