Electric vehicle sales in China have contributed to reduced oil consumption and increased pressure on global oil prices.
causalpending
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Unidentified Speaker — September 2024 Shocker: Oil Crash, China Crisis, and Huge T… [Mb2_3oXEfxI]Evidence Quote
“China has seen a sharp drop in fuel demand due to a cooling economy and increased electric vehicle sales”
Source
September 2024 Shocker: Oil Crash, China Crisis, and Huge Tech Announcements!— Financial WorldCreated: 8/11/2026, 8:10:14 AM
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