It is also shaking oil markets. Analysts predict oil demand may be peaking in China — flipping from increasing demand to declining — but the impacts go far wider. As the world’s biggest oil ...

China is still driving growth in global oil demand, the head of Saudi Aramco said, dismissing concerns about peaking consumption in the world’s biggest energy user. “We still see good demand c ...

2024 crude oil imports 11.04 mln bpd, down 1.9% vs 2023 Crude oil demand drops amid plant closures, electrification 2024 refined fuel product exports down 7.2% vs 2023 2024 natgas imports hit new ...

Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures ...

IS China still the best justification for ongoing crude demand, or the worst? While most of the world remains fixated on the slow-motion car crash in its real estate sector, oil executives seem ...

The cause of the dip was weaker fuel demand, which depressed refining margins in 2024. Oil demand in China was lackluster in 2024, with consumption growth slowed, due to weaker economic ...

In December, Sinopec, China’s biggest refiner, brought forward its forecast for crude oil consumption to reach a peak to 2027, compared with the range it previously gave of between 2026 and 2030.

Chart 1: Gold ends 2024 with notable gains after a relatively stable December Annual returns of the SHAUPM in RMB and the LBMA Gold Price AM in USD* China's wholesale gold demand improved during ...

China is still driving growth in global oil demand, the head of Saudi Aramco said, dismissing concerns about peaking consumption in the world’s biggest energy user. “We still see good demand c ...