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- LONDON, Jan 18 (Reuters) - The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy Agency (IEA) said on Wednesday, while price cap sanctions on Russia could dent supply.
www.reuters.com/markets/commodities/chinas-covid-19-reopening-set-push-2023-oil-demand-new-high-iea-2023-01-18/China's COVID-19 reopening set to push 2023 oil demand to new ...
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Could a rebound in Chinese demand lead to a tighter global oil market?
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Jan 18, 2023 · The rebound in Chinese demand could lead to a tighter global oil market as the “full impact” of Western sanctions on Russian oil starts to bite, the IEA said in the report.
Jan 18, 2023 · Global oil demand is set to rise to an all-time high in 2023 as China relaxes its Covid-19 restrictions in a move that may push crude prices higher in the second half of the year, according to...
Jul 25, 2023 · Goldman Sachs expects oil prices to rise to $86 per barrel at year-end, as record-high oil demand and lowered supply will lead to a large market deficit.
Dec 12, 2022 · China's loosening COVID-19 rules would likely lead to higher oil demand and in turn prices might increase by around $15 per barrel, Goldman Sachs said in a note on Sunday.
Jan 18, 2023 · LONDON, Jan 18 (Reuters) - The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy Agency (IEA) said on...
Jul 8, 2021 · The increase in oil demand, together with a persistent reduction in production from insufficient investment, will likely precipitate – and keep alive for some time – an oil price super cycle.
May 14, 2024 · LONDON (Reuters) -OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would start projecting demand for OPEC+ crude, reflecting that the wider...