LONDON : China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilised their expanded yearly export quotas.China exported 2.79 million tonnes of diesel in December, represent
LONDON : China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilised their expanded yearly export quotas.
Total diesel exports for the year amounted to 10.92 million tonnes, versus 17.21 million tonnes for 2021. Though domestic travel initially picked up after restrictions were abruptly eased at the end of November, the subsequent nationwide surge in COVID cases in December dampened domestic consumer and industrial fuel demand as people stayed home to avoid infection.
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