China's Oil Demand Expected to Remain Sluggish

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Stringer/Stringer - Imaginechina

Covid-19 lockdowns and surging energy prices hit Chinese oil demand in March, and April numbers will likely show a further contraction as the lockdowns continued to spread and are only now starting to show faint signs of easing.

Oil Products, Oil Demand, Refining
Wanda Ad #2 (article footer)
Egypt has launched a new upstream bid round for 23 blocks as it faces amid a looming gas supply crunch.
Mon, Sep 25, 2023
Even though Nigeria is West Africa’s largest crude oil producer, the owners of the refinery have to import cargoes of US crude because Nigerian national oil company NNPC overcommitted on crude sales.
Mon, Sep 25, 2023
The ban on exports of diesel and gasoline seems to be working as planned, pushing domestic gasoline prices down 10% and diesel prices down 15%.
Fri, Sep 22, 2023