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1 day ago · Commodity Insights projects China’s total refined product demand, excluding direct crude burn and all NGLs, will peak in 2027 at 16.4 million b/d. It consumed 15.5 million b/d in 2023. Global ...
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...
Jan 12, 2024 · China's annual crude oil imports hit an all-time high in 2023, customs data showed on Friday, as fuel demand recovered from a pandemic-induced slump despite economic headwinds.
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.
1 day ago · The latest monthly report by Organization of the Petroleum Exporting Countries (OPEC) said China's crude oil demand will expand by 580,000 barrels per day (bpd) in 2024. This estimate is down from ...
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...
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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...
