• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 4 hours Biden admits he has been tested for Cognitive Decline several times. Didn't show any proof of test results.
  • 4 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 5 hours Putin Forever: Russians Given Money As Vote That Could Extend Putin's Rule Draws To A Close
  • 16 mins Apology Accepted!
  • 3 hours Tesla Model 3 police cars pay for themselves faster than expected, says police chief
  • 4 hours Putin Paid Militants to Kill US Troops
  • 3 hours Why Oil could hit $100
  • 9 hours The Political Genius of Donald Trump
  • 1 day U.S. natural gas at major disadvantage in Europe and China.
  • 1 day Biden came out of his basement today (Thursday) and said , "we have 120 Million deaths from Covid 19.
  • 43 mins Per most popular Indian websites it was Indian troops not Chinese troops breach of LAC that caused the clashes. If you know any Indian media that claim to the contrary please provide the link
  • 1 day The world is headed for big problems - interview with very smart economist
  • 1 day CoVid in Spain, 9 months before China
U.S. Shale Needs To Rethink Its Strategy To Survive

U.S. Shale Needs To Rethink Its Strategy To Survive

The U.S. shale industry continues…

Venezuela’s Oil Production Continues To Plummet

Venezuela’s Oil Production Continues To Plummet

Venezuela’s crude oil production tumbled…

China's May Gasoline Exports Tumble 27.8 Percent

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