PetroChina to suspend July exports Gasoline exports to slump 98% to 30,000 mt New quota allocation delay Chinese oil companies are likely to slash their July gasoline, gasoil and jet fuel exports plan to a six-year low of 1.15 million mt amid tight export quota availability and better domestic margin, sources with knowledge about the matter told S&P Global Platts on June 29. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Moreover, outflows from China is likely to sustain at low levels in the rest of the year, constrasting to a monthly average of 4.31 million mt in the first five months. The previous monthly low was 899,000 mt in February 2015, actual export data from General Administration of Customs showed. The quota-holders plan to export 30,000 mt gasoline, 490,000 mt gasoil and 630,000 mt jet fuel in July, sources said, representing 98%, 68% […]