BEIJING: China Petrochemical Corp, or Sinopec, expects China's petroleum consumption to peak by 2027 at no more than 800 million metric tons or 16 million barrels per day, the state energy group said in an outlook released on Thursday (Dec 19). This is a clearer forecast than last year, when the refining giant put China's oil peak at around 800 million tons between 2026 and 2030. The anticipated peak would be up from the 750 million tons consumed in 2024 - which marked only the second annual

Tag-uri: Petrol