POLICY

China cuts fuel export quotas, domestic players likely to benefit

New taxes on imports of key blending fuels are likely to boost sales of domestically refined fuels.

 New taxes on imports of key blending fuels are likely to boost sales of domestically refined fuels.

New taxes on imports of key blending fuels are likely to boost sales of domestically refined fuels.

The quotas totalled 7.5 million tonnes, compared to last year's second round figure of 28 million tonnes.   The latest quotas were issued to six state-run companies and a private refiner, according...

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