# A Glance of China Oil Market 20261102 | Mysteel

> GL Consulting, the Mysteel think tank, projects China's gasoline demand to fall 7.9% in 2026 and 4.1% in 2027, and diesel demand to fall 8.9% and 3.8%. China's LPG imports also fell sharply in September, down 21% month-on-month and 28% year-on-year.

- Date: 2026-11-02 · published 2026-11-02T03:08:19.891Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/74657-a-glance-of-china-oil-market-20261102-mysteel
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling Chinese diesel and gasoline demand reduces global fuel import needs and weighs on oil prices, while lower LPG imports signal weaker energy-linked demand in China.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-10-14 | [Oil Market Report - October 2025 - IEA](https://feedsoft.ai/events/22591-oil-market-report-october-2025-iea.md) | -1.6% | +12.4% |
| DIESEL | 2020-08-19 | [Comparative Analysis of Monthly Reports on the Oil Market](https://feedsoft.ai/events/51537-comparative-analysis-of-monthly-reports-on-the-oil-market.md) | +0.2% | -10.6% |
| DIESEL | 2019-06-03 | [Diesel Drops 1.5¢ to $3.136; Oil Close to Bear Market Price - TT](https://feedsoft.ai/events/10747-diesel-drops-1-5-to-3-136-oil-close-to-bear-market-price-tt.md) | -0.9% | +5.4% |
| DIESEL | 2019-06-04 | [Oil Sinks Into Bear Market as U.S. Storage Jumps Most Since 1990 - Bloomberg](https://feedsoft.ai/events/11306-oil-sinks-into-bear-market-as-u-s-storage-jumps-most-since-1990-bloomberg.md) | +0.0% | +8.2% |
| DIESEL | 2020-04-28 | [EIA Gasoline and Diesel Retail Prices Update, April 28, 2020 - Fuels Market News](https://feedsoft.ai/events/53809-eia-gasoline-and-diesel-retail-prices-update-april-28-2020-fuels-market-news.md) | +33.5% | +60.0% |

## Sources

- mysteel.net: https://www.mysteel.net/analysis/5146923-a-glance-of-china-oil-market-20261102

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.