Analysts in CNPC estimated thatChina's product oil demand would year-on-year increase 5 percent inthe next two or three months, slightly down from the demand a yearearlier.

    China's product oil demand is being restrained amid the slowglobal economic growth, rapid development of substituted energy andsoaring crude oil price.

    China's diesel demand is expected to keep 5.4 percent growth inthe rest of the year thanks to the tourist season and reconstructionin Southwest China's Sichuan Province, which was hit by deadlyearthquake in May.