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China seen retaking lead from US in oil demand growth

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China will retake the lead over the U.S. in oil demand growth this year as its manufacturing and transportation industries expand, the International Energy Agency said. Chinese use is forecast to expand 3.6 percent, or 369,000 barrels a day, to 10.49 million barrels a day this year, the Paris-based energy adviser said in its monthly oil market report today. U.S. consumption will rise 0.4...

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