BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International...
Tag : gasoline demand
MENA Newswire News Desk: OPEC has revised its global oil demand growth forecast for 2024, reducing the previous estimate by 106,000 barrels per day (b/d). The organization's latest report now projects a year-on-year increase of 1.9...