China's Exports of Diesel records high in July


(MENAFN) Based on data posted from the General Administration of Customs , China's diesel exports registered 1.53m tons of diesel last month, a 39% Jump from June and beating the results of May.

However, outbound gasoline shipments in July slid from the previous month, but they more than doubled comparing to the last year to 970,000 tons.

Morgan Stanley analysts confirmed that China's worst flooding will reduce the oil demand by 10% in July and August.


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