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Sinopec Predicts 600,000 BPD Drop in China's Oil Demand

Key takeaways

  • 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
#Energy#Oil#China#Sinopec

Analysis

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

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