China's fuel export restrictions have put pressure on the Asian energy market

China's fuel export restrictions have put pressure on the Asian energy market

Reuters: China's decision to suspend exports of petroleum products to markets outside Hong Kong and Macau has put pressure on the Asian fuel market by reducing supply forecasts from the world's largest refining hub and increasing gasoline refining margins and the price of products such as jet fuel and diesel.

Data from the "Kepler" company shows that Singapore is the largest importer of Chinese gasoline and in the first 9 months of the year, 1,772,000 tons equivalent to 14.97 million barrels of gasoline were rejected from this country. This amount is 62% lower than the total imports in 2025, and at the same time, stocks of light products in the Asian oil trading center have reached the lowest level in the last five years.

Irna Jahan