China learns to live on less fuel, to the relief of oil markets
- Posted on June 11, 2026
- By Business News Today
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- 1 min read
China learns to live on less fuel, to the relief of oil markets
China's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles and public transport. This behavioral change, driven by higher fuel prices and the property crisis, is leading to reduced crude oil imports and has major implications for global oil markets.
