Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year

China has been the pillar of growth for the oil global market over the past 20 years, but EV sales are eroding demand.

Aug 23, 2024 - 23:00
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Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year
China has been the pillar of growth for the oil global market over the past 20 years, but EV sales are eroding demand.