China Oil Demand to Remain Sluggish Until Mid-2026, Hengli Says

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China's oil demand is expected to remain sluggish until mid-2026, according to Hengli Petrochemical International, citing subdued market conditions.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Sentiment
Bearish
AI Confidence
72%

Article Context

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Chinese oil demand is likely to remain subdued until at least the middle of next year, according to Janet Kong, chief executive officer of Hengli Petrochemical International Pte.

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Summary

China's oil demand is expected to remain sluggish until mid-2026, according to Hengli Petrochemical International, citing subdued market conditions.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Original article published by Bloomberg on December 3, 2025.
Analysis and insights provided by AnalystMarkets AI.