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Chinas oil consumption peaked in 2023, CNPC says

Chinas refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per day) and is expected to fall 1.3 to 394 million tons in 2024, CNPC Economics and Technology Research Institute said on Friday.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 13

Introduction

Chinas refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per day) and is expected to fall 1.3 to 394 million tons in 2024, CNPC Economics and Technology Research Institute said on Friday.

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