TradeWinds News: China’s ‘explosive’ oil demand growth set to moderate, says Poten

Since the lockdowns were lifted, the economic outlook for China has improved and with it oil demand growth, according to Poten & Partners.

Poten says China will “remain a force in the oil (and tanker) markets for years to come” but factors such as an ageing population and the growth of electric vehicles are set to temper demand.

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