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Asia: China's Fuel Demand Rises as Citizens — and Covid — Can Travel

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After the Chinese government removed all pandemic restrictions and the country was hit by a massive outbreak with no reaction from the authorities, concerns have faded that the government might reimpose lockdowns in the face of rising cases. Expectations that China’s oil demand would recover fully in the second quarter of this year are also being brought forward, with some analysts now betting on a recovery as early as by end March.

Topics:
Oil Demand, Oil Products, Refining, Oil Supply
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