Why Are China’s Diesel Exports Surging?

China’s diesel exports nearly doubled in October from a year earlier, although they were lower than in September, Chinese customs data showed on Friday.   Last month, a month after China issued a fresh batch of export quotas to its refiners, shipments of diesel stood at 1.06 million tons, almost double from October 2021, but lower than the September 2022 exports that hit a 15-month high  Some September cargoes of Chinese oil products may have been actually shipped in October, which could explain the lower October export data…