In the next two or three months, while China's oil demand will maintain a certain growth rate, its growth rate will decline, and its estimated growth rate is about 7.5%. This is an estimate made by experts in the industry based on the current economic situation in the country.
According to expert analysis, the domestic economy will continue to grow rapidly for some time in the future, but the growth rate will be lower than that in 2004. At the same time, the growth rate of heavy chemical industry and fixed asset investment has declined, and the power supply and demand situation has also improved. In the coming period, the work of agrarian and other tasks will gradually weaken. Coupled with the impact of high oil prices, oil demand will continue to decrease while maintaining a certain growth rate. The estimated growth rate is about 7.5% year-on-year.
In the following period, domestic demand for refined oil products will remain relatively strong, and crude oil processing volume will remain high. The average monthly crude oil processing volume is estimated to be about 24 million tons, and the demand for crude oil is relatively large.
Experts also analyzed that various oil products will show different trends in the next two or three months. The year-on-year growth rate of diesel fuel demand will decline, and it is estimated that it will increase by about 9% year-on-year. The growth rate of demand for chemical light oil is still not high, and it is estimated that it will increase by about 4% year-on-year. Gasoline demand growth has declined, and is estimated to have increased by about 5% year-on-year. The demand for kerosene will also be reduced, as is the demand for gasoline. Demand for fuel oil will rebound, but the year-on-year growth rate has also declined, with an estimated increase of around 6% year-on-year. (preferably class)
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