China fuel demand could drop 380,000 bpd in 2022 -Energy Aspects Crude imports down 4.7% for Jan-Aug, 1st period drop since at least 2004 Road congestion down 50% in COVID-locked Chengdu from a year ago Air bookings for Mid-Autumn holiday down nearly 40% from 2021 SINGAPORE, Sept 9 (Reuters) – Oil demand in China, the world’s biggest energy consumer, could contract for the first time in two decades this year as Beijing’s zero-COVID policy keeps people at home during upcoming holidays and reduces fuel consumption. Hundreds of millions of Chinese who typically hit the roads and domestic flights during the Mid-Autumn Festival – falling on Sept. 10 this year – and early October’s Golden Week holidays are expected to stay home to avoid being ensnared by sudden lockdowns to curb the spread of COVID-19. read more Reuters Graphics Lockdowns in key cities such as financial hub Shanghai already hurt […]