The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 11, 2026
· 5 min read
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The oil market’s unexpected new reality: China needs much less fuel than previously thought
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Article Excerpt
ANALYSIS
The oil market’s unexpected new reality: China needs much less fuel than previously thought
CHEN AIZHU, SAM LI AND LEWIS JACKSON
SINGAPORE AND BEIJING
REUTERS
PUBLISHED JUNE 11, 2026
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Fuel use in China had already been falling in recent years due to slowing economic growth and the rise of electric cars and trucks.
ANDY WONG/THE ASSOCIATED PRESS
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