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China's oil consumption to peak by 2027, says top refiner Sinopec
China Petrochemical Corp, or Sinopec, expects China's petroleum consumption to peak by 2027 at no more than 800 million metric tons or 16 million barrels per day, the state energy group said in an outlook released on Thursday.
China's oil consumption is set to peak by 2027, state-run Sinopec says
China's oil consumption is on course to max out by 2027, according to a report from state-run refining company Sinopec on Thursday. Diesel and gasoline demand has weakened in the country, which is the world's biggest importer of oil.
China's Oil Peak: A New Era of Energy Transition
Sinopec projects China's oil consumption will peak by 2027 at 800 million metric tons as demand for diesel and gasoline slows. Influences include electric vehicles, LNG-fueled trucks, and geopolitical shifts.
China’s oil consumption to peak by 2027
China’s oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world’s biggest oil importer, a slowdown that has rattled global oil markets this year.
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EIA: India to surpass China as leading contributor to global oil consumption growth in 2024, 2025
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on MSN
China’s oil consumption peaked in 2023, CNPC says
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3 Undervalued Oil Stocks to Close out 2024 With Momentum
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Biden Neglects Oil and Gas on Africa Trip
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No, cooking oil doesn't cause cancer — but new study links too much seed oil to colon tumors
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China’s Gasoline Demand to Fall Quickly From 2025, Sinopec Says
China’s biggest oil refiner said the country’s gasoline demand had peaked last year and declines would accelerate as the ...
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