Increased energy consumption in China and other developing countries is outstripping demand destruction in the US and Europe and is pushing oil prices still higher, analysts said.Total energy consumption around the globe was up 2.4% in 2007, slightly lower than the 2.7% increase in 2006 but still above average. “With China accounting for more than half the total world increase, it is hard to see much slowdown, even with more recent declines in Eurozone and US consumption,” said David Wyss, Standard & Poor’s chief economist.Nariman Behravesh, chief economist at Global Insight Inc., Waltham, Me., expects crude prices to hit $160/bbl by December and remain high for 6 mo...