COMPAMIR
High-Purity Fact Pipeline
© 2026 COMPAMIR | Verified Intelligence
High-Purity Fact Pipeline
PetroChina Planning and Engineering Institute
China
2026
Verified: June 18, 2026
"China's oil consumption is expected to fall 4.9% to 753 million tons in 2026. The decline is attributed to a pivot to new energy and high oil prices. Oil demand is projected to reach 700 million tons by 2030."