China’s exports of gasoline and diesel slumped in the first half of 2022, per customs data out on Monday, as Chinese authorities continued to work to reduce overseas sales of fuels and allocated lower export quotas to refiners. Gasoline exports slumped by 42 percent annually in the first half of this year compared to the same period of 2021, according to Chinese customs data cited by Reuters. Diesel exports crumbled by an even larger percentage—they were down by 84 percent between January and July compared to the first half of…
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