Gasoline exports rise to record 1.1 million tons in June Outbound diesel shipments declined to 4-month low last month The volume of China’s gasoline exports caught up with diesel last month as refiners dumped excess output in overseas markets to alleviate swelling stockpiles at home amid record domestic production. The world’s largest energy consumer more than doubled shipments in June compared with a year earlier to a record 1.1 million metric tons, or about 312,000 barrels a day, data from the General Administration of Customs in Beijing showed on Thursday. Exports of the motor fuel increased 75 percent to 4.45 million tons between January and June. Diesel volumes slowed to 1.1 million tons, the lowest level in four months even as overseas sales in the first half of the year more than tripled to 6.6 million tons. The flood of shipments from China is exacerbating a glut of fuel […]