China slows down growth in global oil demand

Quoted in the Marketplace University of Chicago professor Ryan Kellogg. 

And what happens with oil demand in the rest of the world will depend on whether fast-growing countries rely on gasoline vehicles or EVs, said University of Chicago professor Ryan Kellogg. “If it’s the former, you could still be bullish about global oil demand,” Kellogg said. “If it’s the latter, these countries are going to grow, but guess what? They’re not going to do it like growth has historically been for the past 100 years

Read the full story here: https://www.marketplace.org/2024/09/16/china-slows-down-growth-in-global-oil-demand/