Asian Gasoline Squeeze: China Export Ban

Asia and Middle Eastern Gasoline Daily Market Analysis / Indonesia faces supply squeeze from China gasoline export ban / China’s Maoming plans turnaround starting March: sources / Middle Eastern refineries cut run rates: sources

Jun 03, 2026

The Asian gasoline market complex was heard strengthening on March 6, as Indonesia’s domestic demand was expected to remain firm ahead of Eid al- Fitr and amid concerns that regional China has temporarily suspended issuing export permission certificates for refining oil product exports since March 4, as the country’s top planner directed refiners and traders to focus on ensuring domestic supply security amid rising concerns over crude oil availability from the Middle East, reported earlier. “China exports every month very regularly, if this stops, it will impact Asian regional supplies,” a Singapore-based industry source said. Indonesia was heard to have at least a 20-day supply of fuel, local media reported. “For now, Indonesia’s supplies are ample, but it still remains unclear how term cargoes could be affected,” a source familiar...

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