CommoditiesMedium•1 October 2026•
1 min read
Chinese Refiners Suspend Fuel Exports as PetroChina Cancels October Cargoes
Key Facts
1Chinese refiners suspended oil product exports to regions beyond Hong Kong and Macau until further notice from Beijing.
2PetroChina cancelled fuel cargoes scheduled for October following the Golden Week holiday ending October 7.
Chinese refiners suspended oil product exports to regions beyond Hong Kong and Macau until further notice from Beijing. Reuters reported that PetroChina cancelled fuel cargoes scheduled for October following the Golden Week holiday which ended on October 7.
PCCYF closed at $1.2 on September 30, 2026, with the stock reaching a day high of $1.21. The suspension is aimed at ensuring domestic supply stability in China, potentially tightening regional supply in Asia and supporting refined product margins.