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East of Suez Oil Service
East of Suez Oil Alert - China’s oil demand at a crossroads with peak for gasoline and gasoil in sight
Published: 4 April, 2024
Highlights:
- China’s oil demand is at a crossroads in 2024. Total demand will increase by less than 500 kb/d y-o-y following 2023’s stellar growth.
- Gasoil is the biggest wild card as China continues to face economic pressures from several fronts. We see China’s gasoil demand edging up by a ...
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