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6.0

China diesel exports to plunge in November as domestic inventories run low

Chinese refiners have sold about 500,000 metric tons of diesel for November loading, down sharply from August-September highs, as summer export push drained domestic inventories. Traders expect further cuts in second-half loading. This tightening of Chinese diesel supply could support regional refining margins and diesel prices, though the magnitude of the drop remains uncertain.

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OilPrice.com1 day agoCNengCredibility 47%View source

Score Breakdown

Mosaic Score6.0
Model confidence0.5
Significance0.5
Source credibility0.5

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Chinacountry
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