China's state refiners apply to resume fuel exports in May

11 articles · Updated · Bloomberg · Apr 28

Major oil companies such as China Petrochemical Corp. and China National Petroleum Corp. have sought government approval to export gasoline and diesel after a recent halt.
The applications follow a buildup of domestic fuel stockpiles, prompting refiners to seek overseas markets for surplus supply.
If approved, the move could increase China's fuel exports in May, impacting regional fuel markets and potentially easing domestic inventory pressures.

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