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China Increased Oil Product Exports to EU in Q1 Yr/Yr

OIL PRODUCTS

Oil product exports from China were significantly higher in Q1 2023 compared to Q1 last year with a big increase in diesel supply to EU.

  • The first batch of oil products export quotas for 2023 was 18.99m tonnes. The second batch was yesterday reported falling to 12m tonnes but remains well above last year’s levels.


Source: Refinitiv

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