·Confidence 90%
Sinopec Predicts 600,000 BPD Drop in China's Oil Demand
Sinopec's research arm forecasts a decline of 600,000 barrels per day in China's oil demand for 2026, influenced by the US-Iran conflict and electric vehicle
3 articles tagged with #Sinopec
Sinopec's research arm forecasts a decline of 600,000 barrels per day in China's oil demand for 2026, influenced by the US-Iran conflict and electric vehicle
The newly appointed CEO of Sinopec is initiating a strategic reset for the world's largest oil refiner, signaling potential shifts in operations and focus.
Sinopec's chairman states that China's oil demand likely peaked last year, driven by clean energy initiatives and economic shifts, impacting global oil markets.