u***r
发帖数: 4825 | 1 https://www.rt.com/business/490641-china-drives-global-oil-demand/
‘Welcome signpost for global economy’: China could lead oil demand
recovery to pre-pandemic levels
3 Jun, 2020
The world’s second-largest oil consumer, China, could accelerate global oil
demand in the second half of 2020, industry executives told Reuters, as
more countries continue to emerge from COVID-19 lockdowns.
Worldwide efforts to contain the spread of the virus have ravaged oil
markets, wiping roughly 70 percent off global prices by mid-April and
leading to huge build-ups in oil and fuel inventories.
“The brisk resumption of Chinese oil demand, 90 percent of pre-COVID
levels by the end of April and moving higher, is a welcome signpost for the
global economy,” said Jim Burkhard, vice president and head of oil markets
at IHS Markit.
He added: “When you consider that oil demand in China – the first country
impacted by the virus – had fallen by more than 40 percent in February –
the degree to which it is snapping back offers reason for some optimism
about economic and demand recovery trends in other markets such as Europe
and North America.”
According to energy consultancy Wood Mackenzie, China’s oil consumption in
the second half of the year could grow 2.3 percent to 13.6 million barrels
per day (bpd) compared to the same period last year, driven by increased
transportation and industrial use. “By the third quarter, China’s gasoline
demand would have surpassed the same period last year by three percent to 3
.5 million bpd,” the consultancy said, adding that diesel consumption could
grow by 1.2 percent to 3.4 million bpd over the same period.
Its projections are in contrast those of with the International Energy
Agency (IEA), which said in its May report that China’s demand would fall
five percent year-on-year, to 13.2 million bpd in the second half.
“China has led the demand recovery path so far. Following this, other
countries such as South Korea, Australia and Vietnam where the (virus) cases
are broadly under check will see an improvement in petroleum demand,” said
FGE analyst Sri Paravaikkarasu.
Benchmark oil prices have bounced back with the easing of lockdown measures,
with Brent futures rallying 50 percent and US West Texas Intermediate (WTI)
futures rallying over 90 percent since May 1. On Wednesday Brent was
trading at $39.35 per barrel while US crude price reached $36.89 a barrel. | m*********9
发帖数: 56 | 2 现在大家还自驾游吗？估计是一厢情愿
今年整个夏季汽油都会过剩
oil
【在 u***r 的大作中提到】
: https://www.rt.com/business/490641-china-drives-global-oil-demand/
: ‘Welcome signpost for global economy’: China could lead oil demand
: recovery to pre-pandemic levels
: 3 Jun, 2020
: The world’s second-largest oil consumer, China, could accelerate global oil
: demand in the second half of 2020, industry executives told Reuters, as
: more countries continue to emerge from COVID-19 lockdowns.
: Worldwide efforts to contain the spread of the virus have ravaged oil
: markets, wiping roughly 70 percent off global prices by mid-April and
: leading to huge build-ups in oil and fuel inventories.
| u***r
发帖数: 4825 | 3 “The brisk resumption of Chinese oil demand, 90 percent of pre-COVID
levels by the end of April and moving higher, is a welcome signpost for the
global economy,” said Jim Burkhard, vice president and head of oil markets
at IHS Markit. | l**p
发帖数: 6080 | 4 美国废了
中国自驾游比以前更火爆了
【在 m*********9 的大作中提到】
: 现在大家还自驾游吗？估计是一厢情愿
: 今年整个夏季汽油都会过剩
:
: oil
|
|
