1. China’s Diesel Renaissance Is Not Happening- Analytics firms have been cutting their Chinese diesel demand outlooks for 2023, with Rystad and the IEA cutting 100,000 b/d and 150,000 b/d from earlier forecasts, respectively, as China’s weak construction sector and weakening manufacturing activity weigh on diesel.
- Diesel is a key product for Chinese refiners, making up 4.3 million b/d of total products output or 28.2% of total throughput, however it seems post-opening China can’t grow its demand for diesel. - Whilst Chinese…China's Economic Woes Hurt Diesel Demand
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