China's Gas Demand Faces Pressures: Cheaper Alternatives Shift Market Dynamics
In a significant shift for the energy market, China's natural gas demand is projected to experience a slowdown as cheaper fuel alternatives exert pressure on the nation's energy consumption patterns. This development comes at a time when China has been heavily relying on natural gas to fuel its economic growth and meet its environmental goals.
Continue readingChina's Gasoline Demand Set to Decline Rapidly from 2025, According to Sinopec
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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