AI Data Insight
Latest data shows that in Q3 2026 (August), the export delivery value of China's oil and gas extraction industry fell to RMB 330 million, a slight decrease from the previous value of RMB 350 million. Although China's overall industrial production in August was better than expected, driven by geopolitics pushing up freight rates and the strong popularization of electric vehicles, the momentum of oil and gas exports and domestic demand is entering a structural slowdown.