China’s transition to greener fuels and a sluggish economy have led to slower oil demand growth, according to experts at the APPEC conference. Â
economic slowdown
-
-
Global jet fuel demand is softening due to tightening travel budgets and improved fuel efficiency, leading to concerns about the broader impact on oil prices. With economic challenges in key markets and structural changes in the aviation industry, the outlook for jet fuel demand and oil prices remains uncertain.