KEY TRENDS AND PROSPECTS FOR THE DEVELOPMENT OF THE WORLD MARKET OF DIESEL FUEL: USING THE EXAMPLE OF THE PEOPLE`S REPUBLIC OF CHINA
China is now actively going through modernization of the refining industry and the increasing of crude oil imports. In turn, China`s refineries increased production of diesel fuel, which is mainly sold on the local market, but since the surplus is growing, then it is sent for export that is a negative factor for the Russian diesel fuel.
Keywords: global market, diesel fuel, oil, petroleum refining industry, oil-for water, oil refinery, world market of diesel fuel, global economy, exports, China.
Ilya A. Davydov, a post-graduate student, MGIMO.