By Chen Aizhu SINGAPORE, April 22 (Reuters) - China's diesel and gasoline export frenzy is set to extend into its third month in May as rising domestic production outpaces easing demand growth, state oil traders said on Friday. Fuelling the rare trend is Beijing's cap on domestic retail oil products below global benchmarks, which has led to big losses at Chinese refineries and stoked speculation that the government might soon raise diesel prices if crude held above $50 a barrel. State ...
Premium Content (PAID Subscription Required)
"WRAPUP 1-China's diesel, petrol export boom extends to May" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.