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Refinery chiefs say coronavirus sends oil consumption down 25 percent

A number of top refinery executives in China expect domestic oil consumption to drop by 25 percent in February resulting from the coronavirus outbreak, writes Financial Times.

Photo: Stringer/REUTERS / X80002

In China, energy companies are preparing for the coronavirus outbreak to send oil consumption plummeting.

Executives expect domestic oil consumption to drop by 25 percent, according to Financial Times.

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