Outflows of oil products such as diesel and gasoline are expected to slip this month. China, Asia’s biggest oil refiner by capacity, is set to slash fuel exports as it keeps more supplies for domestic use amid a power crisis stemming from coal shortages. Outflows of oil products such as diesel and gasoline are expected to slip this month due to tighter balances nationwide, which have boosted retail prices and margins from local sales, according to local industry consultant JLC. This trend should continue through the fourth quarter, it said, with aviation fuel being the only exception. China has been grappling with an energy crunch caused by a shortage of coal and surging natural gas prices. More competition for these fuels from India to Europe is likely to support more gas-to-oil switching, prompting Chinese refiners to hoard more diesel and fuel oil for use in small-scale generators and heaters […]