Diesel fuel shipments climb to 1.53 million tons in July Gasoline exports slip from record as production slows China’s diesel exports rebounded to a record in July as severe flooding in some parts of the country curbed domestic fuel demand. The world’s largest energy consumer exported 1.53 million tons of diesel last month, a 39 percent jump from June and beating the previous record in May, according to data posted Sunday on the website of the General Administration of Customs. Shipments averaged about 368,190 barrels a day . While gasoline exports in July slipped from a record the previous month, they more than doubled from last year to 970,000 tons (261,270 barrels a day). China’s worst flooding since 1998 will reduce the nation’s oil demand by as much as 10 percent in July and August, Morgan Stanley analysts including Adam Longson said in a report earlier this month. The […]