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China Directs Private Refiners to Maintain Fuel Output Even At A Loss
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Chinese authorities have ordered private refiners to maintain high levels of gasoline and diesel supply, even at a loss, or risk their crude import quotas slashed if they reduce run rates, anonymous sources with knowledge of the matter told Bloomberg on Thursday. As China looks to ensure its domestic fuel supply amid the oil supply shock, officials at the National Development and Reform Commission (NDRC), the country's main planning body, have directed executives at the private refiners to keep their gasoline and diesel production at least at the…
Original article published by
OilPrice.com
on April 2, 2026.
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Analysis and insights provided by AnalystMarkets AI.