China's Gasoline And Diesel Exports Exploded In August
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
China’s gasoline and diesel exports jumped drastically in August due to new export quotas and weak domestic demand
While the U.S. would struggle to boost diesel exports to Europe, China has the capacity to process and export more fuels if it chooses
There are seven tankers currently laden with Asian diesel heading for Europe, as the continent's energy crisis intensifies.
With winter looming, U.S. distillate inventories falling, and a ban on Russian crude coming into effect, diesel markets will only get tighter