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2026-09-16 15:44:09
[Asian Refiners Consider Production Cuts: Middle East War Pushes Up Oil Prices, Fuel Exports May Be Restricted] (1) Asian refiners are beginning to consider reducing operating rates and preparing for potential restrictions on fuel exports as the escalating Middle East war pushes up oil prices and depletes inventories. (2) Any restrictions would mark a repeat of the strategy employed in the early weeks of the conflict, when processors in the region cut production due to insufficient crude oil supply. (3) Sources say Indian refiners are facing the possibility of having to reduce operations due to soaring prices. (4) These sources say Indian refiners are also considering the possibility of having to prioritize domestic supply again. (5) Sources say discussions among refiners about production cuts are still preliminary and no final decisions have been made.
