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China oil demand to fall 8.9% in 2026, Sinopec says

2 outlets - including Bloomberg and Investing - are covering this story. 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.
Covered by 2 outlets
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Bloomberg Markets
·2h ago
China Oil Demand to Shrink This Year, Sinopec Research Arm Says
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.
Investing.com Canada
·2h ago