Sign Up
Stories
Europe's Fuel Consumption Declines, China's Demand Surges
Share
Fuel Consumption Declines in Europe, Chi...
Fuel Consumption Declines in Europe, Sur...
BP's Climate Strategy Questioned
Biden's Energy Policies Impact Global In...
Biden's Energy Policies and Misconceptio...
Overview
API
Fuel consumption in Europe is expected to decline due to weak economic growth and reduced demand in the manufacturing and transportation sectors. This decline may have far-reaching effects on economies and oil markets globally. On the other hand, China is experiencing a surge in demand for diesel-type fuel due to its booming property sector and investments in petrochemical capacity.
Ask a question
How might the decline in European fuel consumption impact the global oil market?
What are the potential economic and environmental benefits of the transition to clean energy?
What measures can the fossil fuel industry take to address climate risk?
Article Frequency
0.2
0.4
0.6
0.8
1.0
May 2023
Jul 2023
Sep 2023
Coverage
oilre