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Fall in Pakistan’s motor fuel demand amid floods unlikely to impact China’s outflows

September 9, 2022 Comments Off

Devastating floods along with rising fuel prices and shrinking car sales hit Pakistan’s motor fuel demand during July-August, but will unlikely impact China’s gasoline outflows. Pakistan’s motor gasoline sales over July-August dropped by 20% to 1.23 million mt compared with same period last year, according to data from Oil Companies Advisory Council, a group compiling data of import and export…