Nation to hit oil demand peak by 2030

By ZHENG XIN | China Daily | Updated: 2025-12-19 00:00

Share - WeChat

An oil drilling platform seen in the Bohai Sea. DU PENGHUI/XINHUA

China, long the single biggest driver of global oil demand growth, is on track to hit its consumption peak during the country's 15th Five-Year Plan period (2026-30), driven by the rapid proliferation of electric vehicles and new energy sources, industry experts said.

Most Viewed

BACK TO THE TOP

English

中文

Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.

Registration Number: 130349