Highlights Traders see new China export quotas just drop in bucket China to focus on exporting more gasoline than gasoil China unlikely to inject more jet fuel supplies into Asia China is poised to inject more fuel supplies into the Asian market as part of its supplementary quota for the first batch, but the new export volumes are too little to quench Asia’s growing thirst for transportation fuels, leaving middle distillate cracks at multiyear highs. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Demand for transportation fuels has been picking up in Asia, outside of China, as higher vaccination rates and improved mobility push regional economies to open. However, global oil supplies are not keeping pace with recovering demand, warn analysts. Refiners in the Middle East are mainly focused on delivering oil products to Europe, and with limited supplies from China, many Asian nations — […]