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Wealthion · Tuesday, September 8, 2026

Possible Reasons for Decreased Chinese Demand for Oil Products

Art Berman posited that China's reduced demand for oil products could be due to forced rationing for citizens or a weakening economy, or both. He noted this is consistent with data observed in the rest of Asia.

personArt Berman

The tape

2 quotes
I think demand's down. And it's either down because they're forced rationing and just reducing it for their citizens, or it's down because their economy is weak and they don't need it.
Art Berman
And that's consistent with the data that we have in the rest of Asia.
Art Berman
Heard on Wealthion — “Oil Near $100: China’s Demand Story Doesn’t Add Up | Art Berman, published Tuesday, September 8, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.01