Re: THE Demand Destruction Thread Pt. 2
Posted: Sat 13 Feb 2021, 15:29:47
Chinese peak oil demand...strikes!! Maybe.
The world's top oil importer, China, could be just years away from its own peak in domestic demand for oil products, Chinese refiners have started to warn, but consumer preferences and government policies about transport electrification and support for EVs are likely to determine whether Chinese domestic oil consumption will peak around 2025.