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China's oil consumption to peak by 2027, says top refiner Sinopec
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.
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.
Sinopec forecasts China's petroleum consumption to peak by 2027
Sinopec said on Thursday it expects China's petroleum consumption to peak by 2027 as diesel and gasoline demand weakens, while noting that the incoming Trump ad
3h
Oil falls 1% on demand growth concerns, robust dollar
Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil ...
Crude Oil Prices
1h
Bearish Sentiment Takes Hold in Oil Markets
Oil prices are under pressure as the year draws to a close, with demand concerns and the Fed's latest meeting both adding to ...
4h
India to surpass China as main source of crude oil consumption in 2024 and 2025: US EIA
India to surpass China as major source of global oil consumption growth, driven by rising demand for transport fuels.
4d
on MSN
China’s oil consumption peaked in 2023, CNPC says
China's refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per day) and is expected to ...
16h
on MSN
Health warning as latest study reveals cooking oil linked to colon cancer
Colon cancer could be caused by certain types of cooking oils, a new study has warned. Oils like sunflower, canola, corn and ...
Oil
21h
EIA: India to surpass China as leading contributor to global oil consumption growth in 2024, 2025
India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which ...
7h
India has emerged as leading source of growth in global oil consumption says EIA
The Energy Information Administration or EIA has stated in a latest update that India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year ...
Yahoo
7d
No, cooking oil doesn't cause cancer — but new study links too much seed oil to colon tumors
Avocado
oil
, too, has benefits for heart and eye health and more ... agrees that the study seems to show that excess ...
17h
Oil drops as dour economic outlook adds to oversupply concerns
Oil prices fell on Thursday after central bankers in the U.S. and Europe signaled caution over further easing of monetary ...
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