China oil demand

Oil prices rise after hitting lows, driven by U.S. tariff plans and easing Libya supply risks, while China’s economic slowdown weighs on demand

The IEA has reduced its 2024 oil demand forecast by 7.2%, citing China’s economic slowdown and the global shift towards cleaner energy sources.  

Goldman Sachs forecasts Brent crude prices could fall to $68 per barrel by 2025 due to weakened oil demand in China, as the country’s economic slowdown continues to impact global …

Oil prices edged higher on April 1st, with US crude futures settling at a five-month peak. This cautious increase reflects a balancing act in the oil market. Optimism about economic …

Dangote Refinery gears up for full capacity, playing a crucial role in meeting the surging global oil demand led by China.