Sinopec Group to halt fuel exports and cut petrochemical production to boost output of gasoline and diesel
Sinopec Group, Asia's biggest oil refiner, is halting fuel exports and cutting petrochemical production to boost output of gasoline and diesel for domestic use, as per Bloomberg.
PetroChina will extend its ``strict control'' on fuel exports into the second half of the year as China, the world's fifth-biggest oil producer, seeks to ease a domestic petrol and diesel shortage.