June gasoline exports seen capped at 227,000 b/d Slower-than-expected demand recovery adds to inventory buildup China’s gasoline and gasoil exports are likely to remain muted in June as Beijing is hesitant to release oil products export quotas in large quantities because of the government’s strong focus on domestic energy security in the wake of surging oil prices, market analysts and refinery trading sources told S&P Global Commodity Insights. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Beijing is keen to keep the country’s oil products exports to a minimum as its top priority is to secure ample supply at home to meet rebounding domestic demand amid easing COVID-19 restrictions, said a feedstock trading strategist at a state-run Chinese petroleum and chemicals company. Surging Asian middle distillate cracks have encouraged major refiners in South Korea and India to ramp up fuel exports, but Chinese refiners […]