Asia Pacific > Asia > Oil product demand in China falling faster than expected amid Middle East conflict

Oil product demand in China falling faster than expected amid Middle East conflict

Published 15:59 on June 12, 2026 / Last updated at 15:59 on June 12, 2026 / / Asia Pacific (Asia), EMEA (Europe), International (Aviation/CORSIA), Net Zero Transition (Transport & Heating Fuels)

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Oil demand in China may have fallen faster than expected as the US-Israeli war against Iran passed the 100-day mark, Reuters reported Friday, in an indication that demand destruction may be advancing rapidly across some global regions, which would see a reduction in emissions across key carbon pricing schemes.
Oil demand in China may have fallen faster than expected as the US-Israeli war against Iran passed the 100-day mark, Reuters reported Friday, in an indication that demand destruction may be advancing rapidly across some global regions, which would see a reduction in emissions across key carbon pricing schemes.


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