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Policy▼ Bearish for Indian equities
China fuel export suspension to choke supplies in Asia
The brief
- China's oil-product export restrictions have affected importers in Southeast Asia and Australia
- Singapore has seen a significant drop in supplies
- Tighter regional fuel supply could lift costs for Indian oil refiners and fuel consumers
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- AI race: Why America and China both need to act responsibly at this critical juncture
- India Renames 28 Ladakh Sites, Risking Fresh China Friction
- Novartis signs mRNA deal for about $7.8 billion with China's Abogen
- ‘Temu Range Rover’ Is UK Best-Seller Again as Chinese Cars Boom
Chinese refiners suspend October fuel exports
PetroChina cancelled several gasoline and jet fuel shipments planned for October, as Chinese refiners reportedly suspended fuel exports to protect domestic supplies. Brent crude rose back above $100.
Friday, 2 October
- China fuel export suspension to choke supplies in Asia