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Latest Chairmans Corner

Latest Analysis / Chairman's Corner (English)

Chairman's Corner #282 - China: A mini-OPEC on oil demand? Demystifying China’s role in the Hormuz crisis

Published: 18 September, 2026

Highlights:

China managed the initial shock of the Strait of Hormuz crisis very well, thanks to the fall in domestic demand and quick policy adjustments.
Demand for core refined products (excluding biofuels and NGLs) already peaked in 2023. The Hormuz crisis accelerated the electrification that was already ...

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