China sees drop in petrol consumptionPublished on: May 15, 2026 11:45 AM
Pakistan, May 15 -- China has recorded a decline in petrol consumption, with overall demand falling by 5.5 percent, according to recent reports highlighting shifting energy trends in the world's second-largest economy.
Officials and industry observers attribute the decrease to a combination of global and domestic factors, including rising international oil prices linked to geopolitical tensions and policy shifts within China's energy sector.
Read More: China's gasoline exports fall 35.7% in July as profit margins weaken
One of the key external factors cited is the impact of conflict-related disruptions in global oil markets, which have pushed up crude prices and increased fuel costs for consumers and industries. Higher prices have cont...
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