China's oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand ...

China's refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per day) and is expected to ...

India to surpass China as major source of global oil consumption growth, driven by rising demand for transport fuels.

India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which ...

Crude oil prices pared some of their gains on demand concerns and a strong U.S. dollar, hitting a low of $68.60 and currently ...

Oil prices are under pressure as the year draws to a close, with demand concerns and the Fed's latest meeting both adding to ...

India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, ...

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 ...

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 ...

China's oil consumption is on course to max out by 2027, according to a report from state-run refining company Sinopec on ...

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 ...

The 2027 peak will be no more than 800 million metric tons or 16 million barrels per day, the state energy giant said ...