China's Fuel Exports to Remain Low as Curbs Persist

China's fuel exports will rise only slightly in June from May as government restrictions on shipments largely remain in place to preserve supply for the domestic market amid the biggest oil disruption in history. China is expected to export about 550,000 metric tons of fuels next month, up from around 500,000 tons set to be shipped this month, trade sources with knowledge of the plans told Reuters on Friday. Days after the conflict in the Middle East erupted and led to the closure of the Strait of Hormuz, the Chinese government moved to ban all…