Story perspectives
China Suspends Oil Exports, Lifting Asian Gasoline Margins
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Story summary
- China suspended oil exports beyond Hong Kong and Macau, cutting supplies to Singapore, Malaysia and Australia.
- Asian refiners' gasoline margins rose above $50 a barrel over Brent on Thursday.
- Singapore imported 1.772 million metric tons of gasoline in nine months, 62% below 2025.
- Australia became the second-largest importer of Chinese jet fuel this year, after Hong Kong.
