China’s exports of gasoline and diesel are on track for a 16-month high in July as refiners take advantage of higher refining margins and still available fuel export quotas. In July, China is poised to export 859,000 barrels per day (bpd) of gasoline, diesel, and other light and middle distillates, up from 796,000 bpd in June, according to data by commodity analytics firm Kpler cited by Reuters columnist Clyde Russell. The export volumes in July are set to be the highest since March 2024, as refining margins have increased in recent months.…
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