China Fuel Exports Hit Decade Low on Government Curbs
China's refined fuel exports fell to a decade low in April as Beijing restricted shipments to protect supplies. Small volumes reached several regional partners.
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China slashed refined fuel exports to a 10-year low in April as Beijing enforced strict curbs to protect domestic energy supplies. Gasoline shipments dropped to 23,409 metric tons, while diesel exports fell 69% from March levels. Regional refiners face higher costs as Chinese supply tightens and Middle Eastern crude remains scarce.
