WebJan 18, 2024 · The lifting of COVID-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy Agency (IEA) said on Wednesday, while price cap sanctions ... WebDec 13, 2024 · Resumed intra-urban and long-distance highway and rail travel would also boost oil consumption, as would a recovery in the depressed manufacturing and construction sectors. China's total...
Record oil demand predicted as China’s economy rebounds
WebDec 27, 2024 · China's oil consumption is expected to keep growing for a decade on robust chemical demand, reaching a peak of about 780 million tonnes per year by 2030, … WebJan 27, 2024 · China’s swift reopening after nearly three years of ... told CNN that she expects oil prices to rise later this year as travel and consumption pick up. ... 2024 shows a large number of congested ... iowa state academic advisors
China
WebFeb 20, 2024 · Mon 20 Feb, 2024 - 1:17 AM ET. Fitch Ratings-Hong Kong-20 February 2024: China’s reopening will drive a consumption recovery in refined oil products in 2024 as consumer travel picks up and sentiment improves, Fitch Ratings says. The rebound is likely to be kept within mid-single-digit growth, constrained mainly by energy transition … WebApr 14, 2024 · China's gross domestic product likely perked up in the first quarter of the year, a Reuters poll showed on Friday, as the end of strict COVID-19 curbs helped lift the world's second-largest economy out of a crippling pandemic slump. GDP growth was seen speeding up to 4.0% in the first quarter from a year earlier, from 2.9% in the previous … WebJan 30, 2024 · Hopes for a rise in Chinese demand have boosted oil in 2024. The world's biggest crude importer pledged over the weekend to promote a consumption recovery that would support demand. open files from clipboard