Gong Jinshuang, a senior engineer with the research institute of China National Petroleum Corporation (CNPC), China’s largest oil producer, said China would likely consume 370 million tons of oil this year, up 30 million tons on 2006, China Economy reported. Earlier this month, the State Development and Reform Commission (NDRC), the country's top economic planner, predicted China would use 350 million tons, just ten million ...