Diesel exports jump nearly 50% m/m to 1.6 million metric tons Outbound gasoline shipments in September gain 25% from August China’s fuel exports rebounded in September, with diesel hitting a record, as refiners increased output following seasonal maintenance. The world’s largest energy consumer exported 1.6 million metric tons of diesel last month, a nearly 50 percent jump from August, according to data released by the General Administration of Customs on Friday. Shipments averaged almost 397,900 barrels a day. Gasoline exports rose 25 percent from the previous month to 840,000 tons, or about 233,800 barrels a day, rebounding from a five-month low. The nation’s oil refining rate last month rose 2.2 percent from August to 10.7 million barrels a day. That may rise further starting this month as diesel demand improves in the last quarter of the year, according to ICIS China, a Shanghai-based commodity researcher. “China’s fuel exports will […]