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China’s oil consumption to peak by 2027, says top refiner Sinopec

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China’s oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world’s biggest oil importer, a slowdown that has rattled global oil markets this year. The 2027 peak will top out at no more than 800 million metric tons, or 16 million ...

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