might get going finally..28 Sep 2022 09:26
China’s Oil Demand Is Finally Bouncing Back
By Irina Slav - Sep 28, 2022, 1:39 AM CDT
China’s weak oil demand was one of the few bearish developments in oil markets in the last year, but it appears that is about to come to an end.
China is now slowly lifting Covid restrictions and data like airline bookings and road congestion point to better activity within China.
Refinery rates are also on the rise in China, and the expectation of higher fuel export quotas will only add to that.