BEIJING Jan 20 China's implied oil demand grew
1.6 percent for 2013, the weakest yearly growth in five years,
and fell 7.5 percent in December from a year earlier according
to Reuters calculations based on government data.
The world's second-largest oil consumer burned roughly 10.06
million barrels per day of oil last month, up 1.2 percent from
November's 9.94 million bpd.
Reuters calculations use refinery throughput plus net
imports of main refined oil products. Inventory changes, which
China rarely divulges, are not included.
For the whole of 2013, implied demand was about 9.78 million
bpd, about 150,000 bpd higher than 2012, the calculations
That lagged the latest forecast by the International Energy
Agency which pegged China's 2013 oil demand growth at 3.8
percent, or 370,000 bpd.
(Reporting by Judy Hua and David Stanway; Editing by