China's exports of oil products rises in July

Customs data showed that China's exports of diesel, gasoline and kerosene rose in July compared with a year ago, in the latest sign that the largest consumer of primary commodities in the world can not cope with the excess supply of fuel in the local market.

Diesel exports rose by 181.8% to 1.53 million tons and increased gasoline shipments of 145% to 970 thousand tons, and kerosene exports jumped 46% to 1.09 million tons.

And imported second-largest economy in the world 1.6 million tons of liquefied natural gas, down 16.4% from a year earlier, while purchases from abroad kerosene increased 15.2% to 340 thousand tons.