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China's refined fuel demand in H2 2023 to rise 10% year-to-year

(Reuters) - China's apparent refined fuel demand is expected to increase by 10% year-on-year in the second half of 2023, the President of PetroChina Huang Yongzhang said on Thursday.

The state-owned oil and gas giant also expects crude oil prices in the second half to be similar to the first within the range of $75 to $85 per barrel, said Huang, speaking at a press conference following the release of the company's interim results on Wednesday.

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