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China Oil Demand to Shrink This Year, Sinopec Research Arm Says

Bloomberg Markets Wednesday 09 September 2026, 10:43 UTC By Rong Wei Neo 1 min read
Key Points

China’s oil demand is expected to fall by 600,000 barrels a day in 2026 on the impact of the US-Iran war and spread of electric vehicles, according to the research arm of Sinopec Group, the top state-owned refiner.

China’s oil demand is expected to fall by 600,000 barrels a day in 2026 on the impact of the US-Iran war and spread of electric vehicles, according to the research arm of Sinopec Group, the top state-owned refiner.
China Oil Demand to Shrink (ORG) China (LOCATION) US (LOCATION) Iran (LOCATION) Sinopec Group (ORG)
Originally published by Bloomberg Markets Read original →

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