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China oil demand to fall 8.9% in 2026, Sinopec research says reut.rs/4xaMc8B

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Reuters
China oil demand to fall 8.9% in 2026, Sinopec research says reut.rs/4xaMc8B
Bloomberg center
China’s oil demand is expected to fall by 600,000 barrels a day in 2026 on the impact of the US-Iran war and spread of electric vehicles, according to the research arm of Sinopec Group, the top state-owned refiner.