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- China’s reopening will boost oil and gas demand this year, especially if the government succeeds in stimulating investment in construction and real estate. Stronger industrial activity should increase China’s natural gas imports, and a rebound in mobility will boost gasoline, diesel, and jet fuel demand.
www.csis.org/analysis/china-holds-key-global-energy-demand
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How will China's reopening affect oil and gas demand?
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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...
Dec 1, 2023 · The 2024 oil and gas industry outlook explores five trends and industry drivers that are expected to play an important role in shaping the strategies and priorities of O&G companies in the upcoming year: Energy transition: Prudently allocating capital and effectively executing clean energy policies.
Jan 24, 2024 · After a steep decline due to COVID-19, oil demand increased to pre-pandemic levels in 2023 at 101.7 million barrels per day (MMb/d). However, growth may not last long, as peak demand is projected to materialize before 2030 across our four bottom-up energy transition scenarios.
Feb 8, 2023 · Global energy prices hinge on China’s economic recovery. China’s reopening will boost oil and gas demand this year, especially if the government succeeds in stimulating investment in construction and real estate. Stronger industrial activity should increase China’s natural gas imports, and a rebound in mobility will boost gasoline, diesel ...
Feb 15, 2023 · The International Energy Agency raised its forecast for global crude oil demand for 2023 in its Oil Market Report for February. Citing the re-opening of China’s economy as the main driver...
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 9, 2023 · Oil prices rose over 1% on Monday after China's reopened borders boosted the outlook for fuel demand and overshadowed global recession concerns.
