China’s diesel exports in June fell by 50 per cent from a year earlier to the lowest since September 2018 as lockdown measures around the world to halt the coronavirus pandemic continued to curb fuel demand. China exported 1.04 million tonnes of diesel, versus 1.45 million tonnes in May and 2.07 million tonnes in June 2019, data from the General Administration of Customs showed on Thursday.
Gasoline exports were 760,000 tonnes last month, up from a 14-month low of 680,000 tonnes in May. China, the world’s second-largest oil user, has slashed refined fuel exports since May as refiners turned to the domestic market, where fuel demand has rapidly recovered because of easing coronavirus restrictions.
