TotalEnergies CEO bullish on oil price despite slowing Chinese demand
1. TTE's CEO notes slowing Chinese oil demand growth amid energy transition. 2. CEO remains optimistic about long-term demand growth in India.
FAQ
Why Neutral?
While slowing Chinese demand can pressure oil prices, optimism in India suggests future growth.
How important is it?
The transition to greener energy in China and demand in India is crucial for TTE's strategies.
Why Long Term?
Changes in demand dynamics take time; India's rising consumption may offset slowdowns in China.