Chinese Fuel Exports Surge As Gasoline Sales Match Record High ...Middle East

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Chinese Fuel Exports Surge As Gasoline Sales Match Record High
Chinese exports of fuels jumped in December, with gasoline sales abroad matching an October 2020 record, following a huge export quota the authorities issued to refiners at the end of 2022.   Exports of gasoline hit 1.91 million tons last month, hitting the record level seen in October 2020, while diesel exports rose to the highest level since March 2021, at 2.79 million tons, per official Chinese data quoted by Bloomberg on Wednesday. The high export levels in December were the result of the biggest batch of fuel export quotas issued…

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