JOURNAL ARTICLE

After Gasoline, China's Oil Refiners Face a Jet Fuel Glut.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

The article discusses the challenges faced by China's oil refiners due to an oversupply of jet fuel, which has emerged as a significant issue amid declining demand for gasoline and diesel. Despite an initial boost from the post-pandemic recovery in air travel, current jet fuel supply exceeds demand by over 40%, leading to a projected surplus of 390,000 barrels per day. Factors contributing to this situation include a shift towards domestic travel, an uncertain consumer spending outlook, and the rise of more fuel-efficient aircraft. Additionally, the article notes that China's refining sector has struggled with thin margins for years, exacerbated by a peak in diesel demand and a burgeoning electric vehicle market. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/07, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2025
  • Accession Number:186413261
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