China Could Export Record-High Fuel Volumes This Month ...Middle East

Economy by : (OILPRICE) -
Looking to take advantage of export demand and refining margins to offset weak domestic consumption, Chinese refiners could export a record-high volume of transportation fuels this month as they also seek to use up the export quotas allocated by the government. Chinese exports of gasoline, diesel, and jet fuel could reach in December between 6.5 million tons to 7.1 million tons, according to oil research and consultancy firms and trading sources quoted by Reuters on Friday. Diesel exports are expected to lead what could be a record volume of fuel…

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