Highlights Jan-Nov exports at 38.5 mil mt, exceeds 2021 export quotas Exports include quota-free re-export barrels Gasoil exports rise as oversupply at home China’s gasoline, gasoil and jet fuel exports amounted to 2.35 million mt, data from the General Administration of Customs showed Dec. 18, which was notably higher than expected despite the 36% year-on-year slump and 2% month-on-month decline. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The volume in November brought China’s export of key oil products to 38.45 million mt, which exceeded the 37.61 million mt of quotas allocated by Beijing for the three products in 2021. In order to ensure sufficient domestic supply, China restricts the export of domestically produced gasoline, gasoil and jet fuel via quotas. In the last few years, China’s allocation of export quotas had been more or less sufficient, leading China’s annual export of these […]