TotalEnergies CEO bullish on oil price despite slowing Chinese demand

Core Insights - Chinese oil demand growth has slowed since 2020 as the country transitions to greener energy sources, according to TotalEnergies CEO Patrick Pouyanne, who remains optimistic about long-term prospects [1] Industry Summary - The transition to greener energy in China is impacting oil demand growth, indicating a shift in energy consumption patterns [1] - Despite the slowdown in demand growth, there is a long-term optimism in the oil industry regarding future energy needs and market dynamics [1]