12 Hrs
Source:
الاقتصادية
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China's fuel exports rise in September
China's exports of refined petroleum products exceeded 7.16 million tons in September, marking a 19% increase compared to August and a 39.4% rise year-on-year. There was a sharp surge in diesel shipments, reaching their highest level in over three years with an annual growth rate of 262.3% to 1.85 million tons. This rebound is attributed to decreased oil production in the Middle East and Russia due to conflicts and the war involving Iran, as well as China easing the restrictions on diesel and gasoline exports imposed in March. Despite this, gasoline exports declined by 4.1% annually to 620,000 tons. Meanwhile, aircraft fuel exports rose by 16.7% to 1.94 million tons. Overall, petroleum product exports for the first nine months of the year exceeded 41.4 million tons, despite a 3.7% drop compared to the previous year.
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