Sinopec Sees China Oil Demand Falling 8.9% in 2026 ...Middle East

OILPRICE - Economy
Sinopec Sees China Oil Demand Falling 8.9% in 2026
China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and the acceleration of electric vehicle adoption. Oil demand in the world’s biggest crude oil importer is expected to drop by 600,000 barrels per day (bpd) on average this year compared to last year, according to estimates by Sinopec’s research arm quoted by Reuters. Gasoline demand is set for an 8.7% decline, while diesel consumption is expected to crash…

Hence then, the article about sinopec sees china oil demand falling 8 9 in 2026 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Sinopec Sees China Oil Demand Falling 8.9% in 2026 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy