China’s Unipec Reduces Diesel Exports to Meet Domestic Demand
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China International United Petroleum & Chemical Corp., the nation’s largest oil trader, plans to reduce diesel exports for a second month in October because of increased domestic demand, a company official said.
Unipec, as China International is known, plans to export 90,000 metric tons of diesel, or three cargoes, this month compared with 120,000 tons in September, said a company official with knowledge of the sales.