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China Aviation Oil (Singapore) Corporation Ltd (G92.SI)

SES - SES Delayed Price. Currency in SGD
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0.8600+0.0050 (+0.58%)
As of 11:26AM SGT. Market open.
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  • Reuters SG

    UPDATE 2-China slashes fuel export quotas by 73% following new taxes

    China has cut export quotas for refined fuels by 73% year-on-year for the second batch of quotas issued for 2021, as new taxes on imports of key blending fuels are set to boost sales of domestically refined fuels. Beijing normally issues several batches of fuel export quotas during a year. Separately, the government also issued 3 million tonnes of low-sulphur fuel oil (LSFO) export quotas in the latest batch, the sources said.