Despite the stimulus, however, China’s two biggest oil companies recently forecast peak demand in the world’s biggest importer. CNPC earlier this month said demand for oil in China could peak ...
China's oil demand is projected to peak at 770 million tons in 2025, according to the CNPC report. Data from foreign institutions show similar trends. Growth in Chinese oil consumption hit the ...
increasing oil costs for global buyers and curbing demand amid Federal Reserve rate caution. China’s oil imports may peak by 2025, says Sinopec, sparking global concerns over long-term crude oil ...
that China's crude imports could peak as soon as 2025 and the country's oil consumption would peak by 2027 as diesel and gasoline demand weaken. "Benchmark crude prices are in a prolonged ...
HOUSTON (Reuters) - Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling U.S. inflation. Brent crude futures ...
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar ... s International Energy Agency that predicts it will peak this decade as the world shifts to cleaner energy.