Oil Prices Dip as Demand Worries Persist
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2025
0mins
Source: WSJ
Oil Prices Decline: Oil prices have edged lower in early morning trading in Asia, with WTI crude futures down 0.2% at $64.65/bbl and Brent crude futures also down 0.2% at $68.65/bbl.
Demand Concerns: There are growing concerns about demand for oil, particularly due to a reported sharp profit drop by China's Sinopec, which cited weak fuel consumption.
Factors Affecting Demand: Key factors contributing to reduced petroleum demand in China include lower consumer confidence, the rise of electric vehicles, and improvements in fuel efficiency.
Market Outlook: The trend of subdued fuel demand is expected to continue, according to Exness's senior financial markets strategist Dat Tong.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
