China’s refined oil product consumption over January-February slumped year on year amid the coronavirus outbreak, leading to a surge in exports of gasoline and jet fuel over the same period. Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to National Development and Reform Commission data released Tuesday, oil product consumption over the first two months of 2020 dropped 14.1% year on year to 41.94 million mt. Over the same period, gasoline exports from the country jumped 31.5% year on year to 2.72 million mt while the jet fuel outflow rose 21.1% to 2.93 million mt, latest General Administration of Customs data showed. For gasoil, GAC data showed that exports grew 3.5% year on year over January-February to 3.47 million mt. Industry sources pointed out that the export figures did not reflect the full impact of the outbreak as export plans had been […]