China releases third export quota; 8 MMt for clean oil products, 1 MMt for LSFO

China has released 8 million metric tons of export quotas for clean oil products, and 1 MMt for low sulfur fuel oil in the third batch, sources close to the matter told S&P Global Commodity Insights Sept. 20. The new allocation pushed the combined export quotas to 54 MMt for 2024, almost unchanged from the 53.99 MMt for 2023, as…China has released 8 million metric tons of export quotas for clean oil products, and 1 MMt for low sulfur fuel oil in the third batch, sources close to the matter told S&P Global Commodity Insights Sept. 20. The new allocation pushed the combined export quotas to 54 MMt for 2024, almost unchanged from the 53.99 MMt for 2023, as…Read More