• 3 minutes Natural gas is crushing wind and solar power
  • 7 minutes OPEC and Russia could discuss emergency cuts
  • 11 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 2 hours So the west is winning, is it? Only if you’re a delusional Trump toady, Mr Pompeo, by Simon Tisdall
  • 2 hours Fight with American ignorance, Part 1: US is a Republic, it is not a Democracy
  • 1 min Blowout videos
  • 15 hours Question: Why are oil futures so low through 2020?
  • 30 mins Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 5 hours CDC covid19 coverup?
  • 7 hours Charts of COVID-19 Fatality Rate by Age and Sex
  • 1 hour The Arithmetic Of Fracking
  • 15 hours Shorting Gold
  • 6 hours “The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
  • 1 day Peak Shale Will Send Oil Prices Sky High
  • 1 day Phase One trade deal, for China it is all about technology war
  • 2 days Step Forward: Trump Says U.S.-China Trade Deal Will Be Signed On January 15
What Iran’s Election Result Means For Oil Markets

What Iran’s Election Result Means For Oil Markets

Hardliners have won the Parliamentary…

Can’t Afford An EV? You’re Paying For It Anyway

Can’t Afford An EV? You’re Paying For It Anyway

Perhaps the best arguments of…

JLC

JLC

JLC with headquarters located in Beijing, and branch offices in Shanghai, Shandong, Guangzhou and Singapore, is a leading provider of market intelligence and pricing solutions…

More Info

China's May Gasoline Exports Tumble 27.8 Percent

China Refinery

China exported about 847,700 mt of gasoline in May 2019, a drop of about 326,900 mt or 27.8% from April, according to data from the country's General Administration of Customs (GAC).

On a year-on-year comparison, May exports slumped by about 622,300 mt or 42.3%, the GAC data indicates. 

The plunge might be due to limited quotas after large exports earlier this year. The country didn't issue this year's second batch of quotas for refined oil exports until the middle of May.

Gasoline exports in January-May amounted to about 5.78 million mt, a fall of 7.39% from the same period in 2018, versus a year-on-year boost of 3.26% in January-April, the GAC data says.

China has been boosting gasoline exports as domestic supply grows faster than demand. The country's gasoline production amounted to 59.19 million mt in January-May, an increase of 4.0% from the corresponding period in 2018, according to data from the National Bureau of Statistics.

China imported 35,645.71 mt of gasoline in May 2019, versus 42.55 mt in April, the GAC data indicates. Imports in January-May totaled about 110,231 mt, up by 176% year on year. 

By JLC International

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage


Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News