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Story summary
- China is expected to increase its diesel exports in December to address tightening markets in Asia.
- Exports may rise to about 4.5 million barrels, the highest since August, as refiners capitalize on strong margins.
- Indian diesel exports are projected to fall to 4.34 million tons in November, creating a market gap for China.
- Current margins for diesel and gasoline are near two-year highs, with gasoil profits at $24.37 per barrel.
