With the relaxation of the clearing policy, international energy institutions expect that Petroleum demand will rise.However, due to the initial peak of the infection of the policy, the growth of PetroChina needs to appear for a period of time.NotBloomberg reported that Energy Aspects, the International Petroleum Market Analysis Agency, was estimated to 260,000 barrels per day in the first quarter of China in the first quarter of 2023.Due to the increase in travel, the focus of the repair is gasoline and aviation fuel. Among them, the demand for aviation fuel is expected to increase from a low base of 450,000 barrels per day to about 750,000 barrels per day.NotIt is the largest crude oil importer and the largest economy in Asia.Bloomberg analyzed that the rapid steering of China's epidemic prevention policy has driven the growth of energy consumption, which is expected to support the price of crude oil futures prices that are expected to fall in two consecutive quarters.NotThe cancellation of epidemic prevention restrictions has also caused China to surge in potential crown disease cases, which may cause recent disturbances.NotAnalysts pointed out that since most cities in China have not yet erupted a large -scale crown disease, their willingness to travel in the next month or two may still be more conservative.Moreover, because people choose home to avoid infection or recovery, the recent amount of gasoline may actually decrease.The market will not be able to see the demand for gasoline until March next year.NotThe Energy Agency raised the global oil demand forecast of 300,000 barrels per day in 2023, including the amazing toughness of China.They expect that global oil consumption will increase by 1.7 million barrels per day next year until an average of 101.6 billion barrels/day.NotThe transition of epidemic prevention policies is to add uncertain factors to the current intricate energy market.With the slowdown of global economic growth, the Organization of Petroleum Exporting Countries and its allies have recently chosen to reduce supply. At the same time, traders are also tracking the impact of G7 countries on the upper limit of the price of oil exports in Russia.
