Insight
Prolonged containment measures pressure China’s oil demand
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The drastic steps taken to contain the COVID-19 outbreak are showing positive signs. However, the Chinese government now faces a crucial balancing act to return the country’s economic activity and social life to normal without causing the virus to spread further. How the central government and, equally importantly, local authorities navigate this challenge will determine the path of the country’s economy and its commodities demand in the coming few months and beyond. China’s demand for oil products will be affected by a slower than expected recovery in economic activity and weak domestic consumption in Q1. Seasonal demand patterns will change. And tougher business conditions for small- and medium-size enterprises will threaten jobs and income growth, undermining demand fundamentals.
Table of contents
- What does it mean for China’s oil demand?
- The longer restrictions remain in place, the greater the impact
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
How geopolitics is redefining China’s oil imports
China is recalibrating its crude import strategy as the sanctions, tariffs, and shifting alliances disrupt global crude flows.
$900
Insight
China economic focus May 2025: manufacturing sector’s strategy for trade war
The Chinese manufacturing sector prepares itself for long-term reshuffle
$1,150
Insight
Navigating choppy waters: The impact of tariffs on US ethane and propane trade
Global LPG trade is reshuffling due to an increase in trade barriers
$1,050
