Trade sources said China has released its first batch of refined fuel export quotas for 2026, allocating 19 million tons for gasoline, diesel and jet fuel, Reuters reported Friday.

The volume was unchanged from a year earlier, signaling a steady policy stance, according to the report.

An additional 8 million tons of low-sulphur marine fuel quotas were also issued, Reuters wrote.

State-owned giants Sinopec (HKG:0386, SHA:600028) and CNPC secured more than 70% of the refined fuel quotas and nearly 85% of the marine fuel allowance, while private refiner Zhejiang Petrochemical received 1.6 million tons, according to the report.

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