Search results
China's oil demand, 2023 and 2035 - Chart and data by the International Energy Agency.
- China’s slowdown is weighing on the outlook for global oil ...
Amid an abrupt deceleration in Chinese oil consumption,...
- China’s slowdown is weighing on the outlook for global oil ...
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...
Mar 23, 2023 · China will make up nearly 40% of the rise in global oil demand in 2023, Wood Mackenzie says. “A return to normal mobility in China is the single biggest demand driver, accounting for...
7 hours ago · The main risk for the long-term bullish oil demand outlook that oil producers such as the Organization of the Petroleum Exporting Countries remain committed, is that China becomes the template for ...
China was the last major economy to lift its stringent Covid-19 restrictions at the end of 2022, leading to a post-pandemic oil demand rebound in the first half of 2023. But demand growth in China slows markedly from 2024 onwards, and global oil demand growth shrivels from 2.4 mb/d in 2023 to just 400 kb/d by 2028.
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...
Sep 12, 2024 · Amid an abrupt deceleration in Chinese oil consumption, global demand growth is cooling sharply from the rates seen in recent years, which we have been projecting since our first forecast for 2024 was published in June 2023.
