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China's oil demand projected to fall by 600,000 barrels daily in 2026
China's oil demand is set to drop 600,000 barrels per day in 2026, an 8.9% decline driven by EV adoption and US-Iran conflict disruptions.
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cryptobriefing.com
Sinopec forecasts 600,000 bpd drop in China's oil demand for 2026
Sinopec forecasts a 600,000 bpd drop in China's oil demand for 2026. Crude oil reaching a new all-time high by September 30 at 1.4% YES.
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oilprice.com
Sinopec Sees China Oil Demand Falling 8.9% in 2026 | OilPrice.com
Sinopec expects China's oil demand to drop 8.9% in 2026 as high prices and EV adoption erode gasoline and diesel consumption.
