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China's refined oil exports bottom out in Apr

Source: Mysteel May 26, 2026 10:21
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Crude Oil Refined Oil Import/Export
China's exports of refined oil products fell sharply both month-on-month and year-on-year in April, influenced by geopolitical tensions and domestic supply security policies, despite high export margins. Nevertheless, there are expectations of a relaxation on export control in May against high inventory and lucrative export margins.   In April 2026, China's

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