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Hengli Petrochemical International: CN Weak Oil Demand to Persist Until Mid-2026
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China's oil demand is likely to remain sluggish at least until mid-2026, unless the government introduces new stimulus policies early next year, Janet Kong, CEO of Hengli Petrochemical International, said. Government policy remains the biggest variable affecting China's economic outlook, and the market is closely watching whether the government will introduce more stimulus measures, Kong added. It is believed that any measures to increase refinery fuel export quotas could stimulate demand. AASTOCKS Financial News Website: www.aastocks.com |
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