Note that China is drastically curtailing its gasoline exports, because of exploding domestic demand. Chinese car sales are up more than 50% year over year.
I read that today too.  Should be interesting as more exporters cut back and keep it for domestic use.  
IIRC, China is also reducing its subsidies so increasing the likelihood of producers wanting to sell locally. Fuel is so highly subsidized in Iraq, for example, that smugglers make a mint buying it cheap locally and selling it outside the borders...