Highlights China gasoline, gasoil exports fall almost 20% on month State-owned refiners may divert more cargoes for home use in H2 Government incentives seen supporting local energy demand Singapore — China’s exports of gasoline and gasoil fell to the lowest level in four months in June as refiners refrained from shipping out cargoes amid limited quota availability and bulging stocks in Asia that reduced appetite for Chinese cargoes. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The trend is expected to continue in the second half of 2018 as China’s state-owned refiners come under pressure to divert more barrels into the domestic market to make up for the anticipated shortfall in supply due to independent refiners cutting run rates. Data released Tuesday by the General Administration of Customs showed that China exported 1.18 million mt of gasoline in June, down 19.7% from May but up […]