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China to increase oil product exports by 31 7% on year in 2021: ETRI | Hellenic Shipping News Worldwide

China to increase oil product exports by 31.7% on year in 2021: ETRI China’s oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021, as the recovery in the jet fuel market and an improving macro-economic outlook worldwide post COVID-19 supports demand, a report from the Economics and Technology Research Institute, or ETRI, a part of China’s state oil company China National Petroleum Corp., said on April 16. The increase will be a welcome reprieve to the China’s oil product export markets after the country’s exports dropped sharply 17.4% on the year to 41.52 million mt in 2020, primarily due to slump in jet fuel demand.

China to increase oil product exports by 31 7% on year in 2021: ETRI

Singapore China s oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021, as the recovery in the jet fuel market and an improving macro-economic outlook worldwide post COVID-19 supports demand, a report from the Economics and Technology Research Institute, or ETRI, a part of China s state oil company China National Petroleum Corp., said on April 16. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The increase will be a welcome reprieve to the China s oil product export markets after the country s exports dropped sharply 17.4% on the year to 41.52 million mt in 2020, primarily due to slump in jet fuel demand.

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