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China's Gasoline Demand Set to Decline Rapidly from 2025, According to Sinopec

China's Gasoline Demand Set to Decline Rapidly from 2025, According to Sinopec
5 months ago

In a striking revelation that could reshape the global oil market, Sinopec, one of China's largest oil refiners, has forecasted a significant decrease in the nation's gasoline demand starting from 2025. This projection, made public in a recent corporate report, marks a pivotal shift in the world's largest importer of crude oil, stirring concern among energy analysts about the implications for global oil prices and supply chains.

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