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Latest Chairmans Corner

Latest Analysis / Chairman's Corner (English)

Chairman's Corner #228 - Chinese Oil Demand—How Far Will the Rabbit Leap?

Published: 2 February, 2023


  • The Year of the Rabbit will bring more than 1 mmb/d of demand growth between 1Q and 4Q 2023.
  • Petrochemicals and jet fuel will push total oil demand to 16 mmb/d by the end of 2023.
  • After that, there is 1 mmb/d of organic growth left before we see the peak of Chinese demand.
  • China will no longer be the ...

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