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China's Oil Demand Recovery Falters

Just now October 1, 2026 1 min read 📰 ISNA
📋 Key Takeaway

China's recovery in oil demand is facing challenges due to persistent conflicts in the Middle East, which have driven crude oil prices high. This situation has prompted analysts to revise their forecasts downward for the near future, impacting global oil markets.

The nascent trend of China's oil demand recovery has become unstable as ongoing conflicts in the Middle East have kept crude oil prices at excessively high levels for private refineries, leading some analysts to lower their forecasts for the coming months.

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Translation confidence: 85%

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