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Sinopec Sees China Oil Demand Falling 8.9% in 2026

Sinopec Sees China Oil Demand Falling 8.9% in 2026 By Charles Kennedy of OilPrice.com China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and the acceleration of electric vehicle adoption. Oil demand in the world’s biggest crude oil importer is expected to drop by 600,000 barrels per day (bpd) on average this year compared to last year, according to estimates by Sinopec’s research arm quoted by Reuters. Gasoline demand is set for an...
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Mar 25, 2026 / Tyler Durden
Pope Leo XIV Suggests Aerial Bombing Campaigns Should Be 'Banned Forever'
Pope Leo XIV Suggests Aerial Bombing Campaigns Should Be 'Banned Forever' Authored by Dave DeCamp via Antiwar.com, Pope Leo XIV suggested on Monday that aerial bombing campaigns should have been “banned forever” following the atrocities committed from the sky during the 20th century, as he continues pushing an antiwar message following the start of the US-Israeli war against Iran. “Airplanes should always be carriers of peace, never of war,” Leo said while hosting executives and staff from ITA Airways, Italy’s national airline, and the Lufthansa Group, according to Vatican News. “No one should be afraid that threats of death...
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Sep 17, 2026 / Tyler Durden
Netanyahu Calls To Strip Citizenship Of Those Who 'Defame' Israeli Army
Netanyahu Calls To Strip Citizenship Of Those Who 'Defame' Israeli Army Via Middle East Eye Israeli Prime Minister Benjamin Netanyahu has called for the stripping of citizenship from those who "defame" the Israeli army. His comments reflect anger from the Israeli government over the documentary NAZA, which featured soldiers testifying to the commission of war crimes in Gaza. Netanyahu said he would introduce two bills to Israel's parliament in a video posted on social media. "NAZA" Directors Rachel Szor, left, and Yuval Abraham, via Associated Press "The first would revoke the citizenship of anyone...
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Mar 8, 2026 / Dave DeCamp
US Military Confirms Death of Seventh American Soldier in Iran War
US Central Command on Sunday confirmed the death of a seventh US soldier in President Trump’s war with Iran, as Iranian missiles and drones have successfully struck US bases in the region. CENTCOM said the soldier had died of wounds sustained by an earlier Iranian attack on US troops in Saudi Arabia. “Last night, a […]
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