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China taps oil reserve, refiners ramp up output to stave off diesel shortage

International crude benchmarks slipped on Monday but recovered following China's weekend statement that it would tap its state fuel reserve while national refiners ramp up output sharply to avert a diesel shortage in the world's second-largest oil user. ....

Mia Geng , Florence Tan , Shivani Singh , Clarence Fernandez , Thomson Reuters Trust Principles , National Bureau Of Statistics , Sinopec Corp , National Food , Strategic Reserves Administration , Sengyick Tee , Strategic Reserves , National Bureau , September Chinese , Ana Nicolaci , Thomson Reuters Trust , E 6x ,