China’s oil demand to plateau between 2025-2030, CNPC research says
NeutralFinancial Markets

- China's oil demand is projected to plateau between 2025 and 2030, according to research from CNPC. This forecast indicates a significant shift in the country's energy consumption patterns as it navigates economic challenges and seeks to stabilize its energy market.
- The plateauing of oil demand is crucial for CNPC as it reflects the company's adaptation to changing market dynamics and the potential impacts on its revenue streams. This development may also influence CNPC's strategic planning and investment in alternative energy sources.
- This trend aligns with China's broader economic strategy, which includes targeting a 5% GDP growth rate in 2026 to combat deflation, addressing rising power demand through a mix of energy sources, and investing heavily in cleantech. These interconnected efforts highlight China's commitment to transitioning towards a more sustainable energy landscape while managing economic pressures.
— via World Pulse Now AI Editorial System




