Investing.com -- China, long a driver of global oil demand, is now seeing one of the sharpest slowdowns in its oil consumption in recent decades. “China’s oil demand is growing at the slowest ...

China's surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to ...

BEIJING—China’s thirst for oil drove global demand for decades. Now a government campaign to curb that addiction is nearing a milestone, with national consumption expected to peak by 2027 ...

China imports cheap oil from countries facing U.S. sanctions, like Russia and Iran. Imports from Russia increased by nearly 23% in the first half of 2023 to more than 2 million barrels per day.

Oil products demand in China, long the driver of global crude consumption, peaked in 2023 and is forecast to decrease by 1.1% annually between 2023 and 2025, with the drop accelerating in ...

China’s oil demand for the year fell by 3 percent, or 390,000 barrels a day, the first decline since 1990, while total world demand increased by 2.2 million barrels a day, or roughly 2 percent ...

China, after depleting its strategic oil reserves throughout 2023, plans to cautiously refill its stocks in 2024, without triggering a significant surge in global oil prices.

China Prepares For Peak Oil Demand By Charles Kennedy - Sep 28, 2023, 6:00 PM CDT ...

Whether China’s oil and natural gas will stay weak in coming months is unclear. The government might gradually ease Covid controls after a Communist Party congress that begins on Oct. 16.

China's surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to ...