Sinopec, the world’s largest refining company, has adjusted its production focus by increasing jet fuel output while reducing diesel and gasoline volumes. This change reflects evolving fuel consumption patterns within China.
The company is responding to rising demand for aviation fuel as domestic air travel recovers, whereas demand for diesel and gasoline has declined. These adjustments aim to better align supply with current market needs.
**Why this matters**
China’s fuel consumption trends are shifting due to economic and transportation changes, impacting refining strategies. Sinopec’s production adjustments highlight how major refiners adapt to these dynamics to maintain efficiency and meet demand.