China raises fuel export quotas to spur refinery output
Muyu Xu and Trixie Sher Li Yap - Reuters
January 03, 2023
Who was cited:
Mia Geng, Consultant, Head – China Oil Analysis - FGE
China has raised its first batch of 2023 export quotas for refined oil products by nearly half versus a year ago, China-based consultancies said on Tuesday, to spur refinery output, capture strong export margins and adapt to slow domestic demand.