SINGAPORE, Sept 28 (Reuters) – Chinese oil demand is expected to rebound next year as Beijing eases COVID-19 restrictions, a senior refining official said on Wednesday.
Gasoline consumption is expected to rise while jet fuel demand may take longer to recover, Chen Hongbing, deputy general manager of Rongsheng Petrochemical, told a forum at the 38th Annual Asia Petroleum Conference. -Pacific (APPEC).
Demand for diesel from the world’s biggest crude importer and second-largest oil consumer has been robust this year, leading to low inventories, the executive of China’s largest private refiner by capacity said.
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Reporting by Chen Aizhu, Muyu Xu, Emily Chow and Florence Tan; Editing by Jacqueline Wong
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