China’s economy could be posed for a stronger rebound than expected that will deliver a further boost for oil and gas demand according to IEA Executive Director Fatih Birol.

Jet fuel consumption in China is already “very, very strong,” and that’s likely to increase overall oil demand if it continues to grow at the same pace, he said.
He said rising demand will also hit LNG markets because of tight volumes on the market.

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China’s economy could be posed for a stronger rebound than expected that will deliver a further boost for oil and gas demand according to IEA Executive Director Fatih Birol.

Jet fuel consumption in China is already “very, very strong,” and that’s likely to increase overall oil demand if it continues to grow at the same pace, he said.
He said rising demand will also hit LNG markets because of tight volumes on the market.

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IEA Warn China Demand Return Could Be Bigger Than Expected