The International Energy Agency said on the 18th that considering China's growing demand, it raised the forecast data of global oil demand in 2013. It is expected that the global oil demand will increase by 240000 barrels to 90.8 million barrels a day. The International Energy Agency said that in China, infrastructure spending, stronger power consumption and rising railway construction may support the growth of crude oil demand. However, the International Energy Agency also warned that China's high debt level and economic uncertainty may lead to large fluctuations in crude oil demand throughout the year.

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According to Li Yan, an analyst at Longzhong Petrochemical network, as the world's second largest oil demander, China has become an important support point in the sluggish world economic environment. In 2012, although affected by the weak economy in Europe and the United States, China's crude oil imports remained at a high level. In 2013, China's GDP growth rate is expected to be about 8.3%, with an obvious trend of stabilization and rising. The domestic crude oil processing volume is expected to be close to 500 million tons. Under the situation of high demand, China will still maintain high import volume and continue to drive the global crude oil demand.