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PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China's November apparent kerosene consumption hits year's lowest

Guangzhou (JLC), December 23, 2024--China's apparent consumption of kerosene in November fell to the lowest in 2024, as exports soared and output shrank.

12-23-2024 19:12:03

China's November apparent diesel consumption sets year's highest

Guangzhou (JLC), December 23, 2024--China's daily apparent consumption of diesel in November rose to this year's highest on the back of larger production and fewer exports.

12-23-2024 19:08:58

China's November apparent gasoline consumption hits 23-month low

Guangzhou (JLC), December 23, 2024--China's apparent consumption of gasoline in November reached a 23-month low because of plunging output and surging exports.

12-23-2024 19:05:52

China INE crude price slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China’s PDH unit operating rate moves up further

Beijing (JLC), December 23, 2024--China’s PDH unit operating rate moved up further by 3.26 percentage points in the week ending December 19 (Thursday).

12-23-2024 18:09:40

China benzene imports remain high in Nov

Shandong (JLC), December 20, 2024—China’s benzene imports in November maintained at high levels, due to the closure of arbitrage window between the US and South Korea.

12-20-2024 17:57:21

China INE crude price retreats on prospect of 2025 oil glut

Guangzhou (JLC), December 20, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid expectations of an oversupply in 2025.

12-20-2024 17:51:11

Carbon black market prices down on weak fundamentals

Shandong (JLC), December 19, 2024--In the first half of December, the carbon black market prices trended downwards, undermined by falling costs and subdued demand.

12-20-2024 17:30:56

China’s gasoline prices tick higher, diesel prices retreat

Guangzhou (JLC), December 20, 2024--China’s wholesale gasoline prices ticked higher this week, as international crude prices strengthened and demand grew modestly, while diesel prices retreated amid

12-20-2024 17:24:34

Alkylate margins rally in H1 December amid higher product prices

Beijing (JLC), December 20, 2024--As of December 15, margins of alkylate units in Shandong averaged minus CNY470/mt, up by 27.07% compared with the average margin in the second half of November.

12-20-2024 16:12:37

CSSC Hudong Zhonghua delivers LNG carrier “Greenergy Pearl”

Beijing (JLC), December 20, 2024--CSSC Hudong Zhonghua Shipbuilding Co., Ltd. delivered a 174,000 cubic meter LNG carrier, “Greenergy Pearl”, on December 18, eight months ahead of schedule.

12-20-2024 15:29:10

State-owned refinery run rates largely stable

Beijing (JLC), December 20, 2024--Chinese state-owned oil refineries' run rates were largely steady in the week to December 18 (Wednesday), JLC’s data shows.

12-20-2024 14:55:54

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

China INE crude price rallies on weaker Chinese yuan

Guangzhou (JLC), December 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday on the back of weaker Chinese currency.

12-19-2024 19:00:28

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

PP prices keep range-bound

China PP prices kept range-bound, given the supply-demand stalemate and the fluctuating futures price.

12-19-2024 17:51:51

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

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