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Surging Chinese oil demand pushes Shanghai crude above $100

Unexpectedly strong Chinese oil demand has sent Shanghai crude prices above $100, with Brent prices reportedly expected to follow.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher oil prices could raise transport and energy costs and add pressure to global inflation and supply chains.

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  1. Chinese Oil Demand Unexpectedly Soars, Sending Shanghai Crude Above $100, With Brent Prices Set To Follow ↗zerohedge.com · Recorded source date: Sep 7, 2026, 11:31 PM UTC

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