China’s Diesel Exports Hit Record High

Oil

China’s diesel exports rose by 107K b/d m-o-m in March and 158K b/d y-o-y to a record 456K b/d, according to latest Customs data. The previous record of 425K b/d was recorded in December 2016. Gasoline exports fell by 90K b/d m-o-m to 228K b/d but remained 46K b/d higher y-o-y.