Sinopec confident of uptick in oil trade

China Petroleum and Chemical Corp, or Sinopec, the world's largest refiner, expects crude oil trade between China and the US to show further growth as the world's two biggest economies play complementary roles as producers and exporters of oil.

The energy trade between China and the US has been steady and complementary, with massive potential for further cooperation, said Lyu Dapeng, spokesperson of the company.

If the two countries can deepen cooperation in the fields of energy trade, it will be a win-win for both sides, he said.