China’s Fuel Exports Jump After Refiners Get Bumper Quota

(Bloomberg) ― China’s overseas shipments of gasoline and diesel surged in December as refiners utilized a bumper export quota issued late last year.

Gasoline exports rose to 1.91 million tons, matching a record set in October 2020, according to government data released Wednesday. Diesel shipments climbed to 2.79 million tons, the highest level since March 2021.

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