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China Asks State-Owned Refiners To Halt Gasoline, Diesel Exports

Chinese authorities have asked state refiners in the country to consider halting diesel and gasoline exports next month due to heightened concerns about oil supply after Russia invaded Ukraine, Reuters reported on Wednesday, quoting sources familiar with the issue. "This is to prevent a shortage as independent refiners are under big pressure to lower throughput in the face of soaring crude oil prices," a source with knowledge of the talks with state refiners told Reuters.

China, the world's largest crude oil importer, hasn't condemned Russia's…

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