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Domestic gasoline and diesel prices inch lower

Guangzhou (JLC), April 25, 2025--China’s wholesale gasoline and diesel prices inched lower in the week to April 25, as more participants held a wait-and-see attitude.

04-25-2025 17:14:37

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

Crude stocks at Shandong ports drop further on low unloading

Guangzhou (JLC), April 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 17, as outbound delivery outpaced relatively low unloading.

04-17-2025 18:51:32

China INE crude price growth slows down

Guangzhou (JLC), April 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday amid supply concerns, but the increase slowed down on fea

04-02-2025 18:57:36

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

Crude stocks at Shandong ports rise amid slow consumption

Guangzhou (JLC), February 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose again in the week ending February 27, as local independent refiners’ consumption was slow.

02-27-2025 18:21:46

PetroChina founds commercial oil reserve company, followed by CNOOC

Guangzhou (JLC), February 26, 2025--PetroChina established a commercial oil reserve company on February 11, while CNOOC followed suit on February 19, according to Tianyancha.

02-26-2025 19:05:37

Crude stocks at Shandong ports rebound from over-two-year low

Guangzhou (JLC), February 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 20, after hitting an over-two-year low.

02-20-2025 18:25:07

Crude stocks at Shandong ports fall to over two-year low

Guangzhou (JLC), February 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending February 13, as cargo unloading remained relatively low.

02-13-2025 18:49:39

Domestic gasoline demand to stay relatively strong in February, diesel to recover slowly

Guangzhou (JLC), February 8, 2025--Domestic gasoline demand will stay relatively strong in February 2025, because of peak travel around the Chinese New Year, while diesel demand will recover slowly.

02-08-2025 14:01:14

China’s fuel prices inch lower as crude prices fall

Guangzhou (JLC), February 7, 2025--China’s wholesale gasoline and diesel prices inched slightly lower in early February, following a fall in international crude prices.

02-07-2025 17:42:14

Crude stocks at Shandong ports still close to over two-year low

Guangzhou (JLC), February 7, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in early February 2025, but were still close to an over-two-year low.

02-07-2025 17:19:38

Shandong independents' run rates hit five-month low

Guangzhou (JLC), January 22, 2025--Shandong independent refiners' operating rates declined again and hit a five-month low in the week ending January 22, 2025, as refining margins worsened.

01-22-2025 17:54:32

Shandong independents' run rates drop to over-two-month low

Guangzhou (JLC), January 15, 2025--Shandong independent refiners' operating rates declined to a new low in over two months in the week to January 15, 2025.

01-15-2025 18:47:21

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), January 9, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined significantly in the week to January 9, 2025, as outbound delivery outpaced unloading.

01-09-2025 18:31:11

State-owned refineries' December run rates hit 28-month low

Guangzhou (JLC), January 6, 2025--Chinese state-owned oil companies' refinery operating rates reached a 28-month low in December amid seasonally weak fuel demand and short export quotas.

01-06-2025 15:06:51

Shandong independents' run rates edge lower

Guangzhou (JLC), January 2, 2025--Shandong independent refiners' operating rates inched down in the week to January 1, 2025, with a couple of refiners cutting their throughput modestly.

01-02-2025 18:11:15

Independents find lower crude refining margins in late Dec

Guangzhou (JLC), December 26, 2024--Shandong-based independents found lower refining margins for imported crude in late December, because of falling sales revenue.

12-26-2024 15:17:21

China's naphtha imports hit 28-month low in November

Guangzhou (JLC), December 24, 2024--China's naphtha imports tumbled to a 28-month low in November 2024, according to data from the General Administration of Customs of the PRC (GACC).

12-24-2024 16:47:50

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

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