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China poised to become the world’s largest net oil importer later this year
EIA's August 2013 Short-Term Energy Outlook (STEO) forecasts that China's net oil imports will exceed those of the United States by October 2013 on a monthly basis and by 2014 on an annual basis, making China the largest importer of oil in the world.
Read Full Article: http://www.ajot.com/news/china-poised-to-become-the-worlds-largest-net-oil-importer-later-this-year
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