Energy · 30 views
China Eases Fuel Export Curbs as Global Supply Crunch Deepens
China has partially lifted fuel export restrictions imposed earlier this year, allowing refiners to export 2.7 million tons of oil derivatives to destinations excluding Hong Kong and Macau, Reuters has reported, citing unnamed sources…
AI Summary
China has relaxed its fuel export restrictions, allowing refiners to export a significant amount of oil derivatives. This move comes as the global fuel supply is facing a crunch, with the temporary easing of export caps set to be in effect this month.
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