China’s gasoil demand predictions for 2025 and beyond

China’s gasoil demand is set to peak in 2026 as sweeping changes in the transportation sector take a toll. Kpler forecasts see very modest growth for the Chinese gasoil demand in the short term and view consumption as likely to peak in 2026. The policy environment and the government’s efforts to revive the economy bode well for the low or zero-emission heavy-duty vehicles while the trendline for diesel is set to decline 2.7% per year from 2027 to 2040.