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China electric cars reshape fuel demand and Venezuela oil flows
Business

China electric cars reshape fuel demand and Venezuela oil flows

congodailynews.comFebruary 5, 2026February 5, 2026
BEIJING: China’s rapid shift to electric vehicles is reshaping the world’s largest auto market and dulling growth in the transport fuel demand that once underpinned its appetite for imported crude, including heavy oil from Venezuela. The International...
china ev saleschina general administration of customscontent syndication servicescrude importscryptowireelectric carsenergy transitionEuroWireEV adoptiongasoline demandheavy crudeIEAindependent refinersinternational energy agencyMENA Newswireoil shippingrefinery blendssanctions enforcementshandong refinerssinopecsinopec economics and development research institutetransport fuelsU.S. Treasuryvenezuela oil tradevenezuelan crudevortexa
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Canadian economy grew 0.3% in May report

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