China is said to ban fuel exports for gasoline, diesel and aviation fuel with immediate effects
Newsquawk Staff ·
China is said to ban fuel exports for gasoline, diesel and aviation fuel with immediate effects.
What it means
China's immediate ban on fuel exports for gasoline, diesel, and aviation fuel could tighten global supply, especially in Asia where demand is strong. This move may lead to higher prices across these fuels, potentially impacting inflation and affecting sectors reliant on energy inputs. Traders should monitor related commodities and currencies as this development unfolds.
- US EIA Gasoline Production Change (Oct/23) -0.509M (Prev. 0.518M)
- US EIA Gasoline Stocks Change (Oct/23) 3.87M vs. Exp. -0.9M (Prev. -2.952M)
- EIA Expectations: Crude +0.35M, Distillate -0.63M, Gasoline -1M
- PREVIEW: BoC Rate Decision and Governor Statement due Wednesday 28th October, 2026 at 13:45GMT/09:45EDT
- US Weekly Private Energy Inventory Data (bbls): Crude -2.0mln (exp. +0.5mln), Gasoline +2.4mln (exp. -1.3mln), Distillate +0.4mln (exp. -0.9mln), Cushing -0.5mln
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