China has increased refined fuel export allowances for August, allowing 2.7 million tons to be shipped. This represents a rise from July's total export plans, which reached up to 2.5 million tons. Refiners can also roll over some August allowances into September due to tight timelines. The quotas cover gasoline, diesel, and jet fuel for international destinations.

China has increased refined fuel export allowances for August, allowing 2.7 million tons to be shipped. This represents a rise from July's total export plans, which reached up to…

China has authorized refiners to export 2.7 million metric tons of gasoline, diesel, and jet fuel in August as ample domestic inventories ease supply concerns.