Oil demand, with Chinese characteristics

Beijing has been the driving force behind oil demand growth in the 21st century. But is that boom time coming to an end?

Welcome back to Nuance Matters and our series on the global energy markets.

Previously, we discussed oil, the United States and Trump’s ambitions to ‘drill baby, drill’.

The political economy of US liquid gold

Since I published my post on the US oil market, Chevron announced plans to cut 15-20% of its workforce by the end of 2026. This came shortly after the company reported disappointing fisc…