China oil demand to fall 8.9% in 2026, Sinopec research says

China oil demand to fall 8.9% in 2026, Sinopec research says

SINGAPORE/BEIJING, Sept 9 (Reuters) – China’s oil demand is expected to fall by 600,000 barrels a day, or 8.9%, in 2026, marking ​a third straight annual decline, while refining capacity is forecast to shrink up ‌to 5.5% from 2026 levels by 2030, according to Sinopec’s research arm. (Lire plus…)

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