China’s oil demand outlook fuels debate amid Opec’s optimistic long-term projections

Opec has projected robust growth in Chinese oil demand through 2050, but its forecast sharply contrasts with estimates from China’s top energy bodies, which predict a peak and decline driven by a shift to low-carbon alternatives

Opec secretary general Haitham Al Ghais addressing the International Energy Executive Forum in Beijing.
Opec secretary general Haitham Al Ghais addressing the International Energy Executive Forum in Beijing.Photo: XU YIHE/UPSTREAM
Published 11 December 2024, 04:56Updated 11 December 2024, 07:26
OpecChinaHaitham Al-GhaisCNOOCAsia & Oceania