A post by @FirstSquawk on X.
China exports 5.18 million tonnes of oil products in October, down from 7.16 million tonnes a month earlier.
@FirstSquawk on X
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China’s October oil-product exports fell to 5.18 million tonnes from 7.16 million tonnes in September, a month-on-month decline of roughly 1.98 million tonnes. The drop signals weaker external sales of refined fuels from Asia’s largest oil-products exporter, tightening regional supply balances. Traders will watch whether the pullback reflects lower refinery runs, stronger domestic demand or reduced export quotas, and whether November volumes rebound.
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