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Oil Prices Rise US$3 After China Suspends Fuel Exports

Summary by Business Times
Cinese refiners have suspended exports of oil products to regions beyond Hong Kong and Macau until further notice Read more at The Business Times.

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Oil prices rose by more than $4 per barrel on Thursday, following reports that the United States would send more troops and other aircraft to the Middle East, in conjunction with China ' s suspension of exports of petroleum products, raising concerns about the worsening global fuel shortage.

·Syrian Arab Republic (the)
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(New York = Yonhap News) Correspondent Kim Yeon-sook = International oil prices surged on the 1st (local time).

·Seoul, Korea (the Republic of)
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Proceso DigitalProceso Digital
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elperiodicodelaenergia.comelperiodicodelaenergia.com

The price of the barrel of Brent for delivery in December skyrocketed this Thursday by 4.37 %, to be put at $102.31 at the close of London’s futures market after it became known that China has cancelled some shipments of petroleum products whose export was scheduled for October. Brent’s entry skyrockets more than 4%, up to 102 dollars, after China’s cessation of exports was first published in Digital Process.

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Proceso Digital broke the news on Thursday, October 1, 2026.
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