China oil demand Every time they hit oil prices, they always pump this China low demand lie.
https://www.zerohedge.com/commodities/aramco-ceo-says-china-oil-demand-bright-spot
China, the world's largest crude oil importer and second-largest oil consumer, is Aramco's largest crude oil customer. Nasser noted that Aramco plans to increase liquids-to-chemical capacity to 4 million barrels a day, with most of the increase directed at Chinese markets.
"China is a great market. We are investing with our partners," he said, adding his firm has increased investments in China.
He also noted that the demand for aviation fuel has been a "bright spot" in the country.