Highlights New gasoline, gasoil, jet fuel quota allocations unlikely until H2 Beijing aims to issue new fuel oil export quotas soon Refineries will increasingly need to adjust product slates China is speeding up efforts to eliminate cargo exports of some transport fuels earlier than the target of 2025 as part of its net-zero ambitions, a move that would increasingly limit the ability of the country’s oil companies to influence the global products market, Beijing-based sources with knowledge of the matter told S&P Global Commodity Insights. Receive daily email alerts, subscriber notes & personalize your experience. Register Now While the strategy is part of efforts to move toward the net-zero target by 2060, sources said Beijing is working toward ensuring that the restricted oil export policy does not affect the supply of bonded bunkering fuel oil and bonded jet fuel for ships and flights going to international destinations, despite these […]