China has given private refiners an additional quota to import fuel oil this year, the Chinese Ministry of Commerce said in a notice on Monday quoted by Reuters. The additional import quota for a total of 3 million metric tons of fuel oil raises the overall quota for the fuel allowed to be imported this year to 19.2 million tons, per Reuters estimates. Early this month, authorities in the province home to most of China’s independent refiners were said to have asked the central government to allocate additional quotas for fuel oil imports…
