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China Oil Demand Is 'Biggest Unknown' for 2024: Analyst
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December 15, 2023
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4:58Now PlayingChina's oil demand is the "biggest unknown" for 2024, according to Louise Dickson, an analyst at Rystad Energy. "We're looking at road, we're looking at aviation, and we're seeing exactly the demand for which fuels. And we're again penciling in about 600,000 barrels per day of oil demand growth out of China for 2024," Dickson said on Bloomberg Television. "Much of that is dependent on how the economy performs," she added. "So there is, of course, some downside risk to that view."
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