Platts Analytics cuts Sep demand projection by 200,000 b/d May further lower estimates: analysts Eased controls possible after the congress, but zero COVID-19 to remain A spate of new COVID-19 cases in China may weaken oil products demand growth during the typical consumption peak season in September and October ahead of the 20th Communist Party congress. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Analysts in Beijing, Shenzhen, London and Singapore have lowered their key oil products demand estimates by up to 300,000 b/d for the months. However, they did not expect prolonged month-long lockdowns, as seen in Shanghai in April, would repeat. The adjustments would lead to a year-on-year reduction of at least 96,000 b/d of oil demand for 2022, analysts said Aug. 31-Sept. 1. China reported 2,057 new infections Aug. 31, of which 368 were symptomatic and 1,689 asymptomatic, the National […]