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Sep 10, 2024 · Oil products demand in China, long the driver of global crude consumption, peaked in 2023 and is forecast to decrease by 1.1% annually between 2023 and 2025, with the drop accelerating in...
- OPEC trims its China crude demand forecast, but nowhere near ...
China's domestic oil output is up so far in 2024, with...
- China 2023 oil demand growth seen slower on strong EV sales
China's 2023 crude oil demand is expected to grow less than...
- OPEC trims its China crude demand forecast, but nowhere near ...
Feb 14, 2023 · OPEC expects Chinese demand to grow by 590,000 bpd in 2023, up from last month’s forecast at 510,000 bpd. China’s oil consumption dropped for the first time in years in 2022, held back by its COVID containment measures.
Jan 13, 2023 · China’s dependence on oil imports will reach 77% in 2023, rising to 82% in 2025 and 87% by 2030. OPEC+ projects that global oil demand will rise by 2.3 mbd in 2023.
Mar 14, 2023 · China’s oil demand is expected to average 15.56 million barrels per day (bpd) in 2023, up by 710,000 bpd compared to last year, according to OPEC’s latest estimate. That’s higher than the...
1 day ago · China's domestic oil output is up so far in 2024, with production in the first eight months coming in at 4.29 million bpd, which is 70,000 bpd above the same period in 2023.
Nov 14, 2023 · IEA cuts 2024 oil demand forecast on ‘deteriorating’ global economy. China, the world’s second-largest economy and top crude importer, is set to account for 1.8 million bpd of the total increase in demand in 2023 after consumption reached a record high of 17.1 million bpd in September.
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Will China's oil demand increase in 2023 & 2025?
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Jun 20, 2023 · China's 2023 crude oil demand is expected to grow less than previously expected, as strong demand for electric vehicles weighs on gasoline demand, an expert at China National Petroleum...
