China’s October Fuel Export Freeze Threatens to Squeeze Supplies Across Asia China’s decision to halt oil product exports beyond Hong Kong and Macau this month is poised to tighten fuel availability for several of the country’s biggest regional customers, including Singapore, Malaysia and Australia, just as global fuel markets remain stretched thin from months of … Read more
China’s refiners have suspended exports of gasoline, diesel and jet fuel to destinations beyond Hong Kong and Macau until Beijing issues further instructions, according to four people briefed on the matter who spoke to Reuters on Thursday. The move lands at the start of China’s week-long Golden Week holiday and marks the second time this … Read more
China’s Refiners Halt October Fuel Exports as PetroChina Scraps Planned Cargoes Chinese oil refiners have stopped shipping fuel to markets outside Hong Kong and Macau until Beijing says otherwise, a move that threatens to squeeze an already strained global fuel market just as the Middle East conflict and sanctions on Russia continue limiting supply elsewhere. … Read more