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Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

China INE crude price drops as OPEC+ may boost output further

Guangzhou (JLC), June 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday amid expectations of another production increase by OPEC+

06-30-2025 18:49:49

State-owned refiners to have much less unit maintenance in July

Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

Shenzhen-licensed bonded suppliers' bunkering surges in Jan-May

Guangzhou (JLC), June 27, 2025--Shenzhen-licensed bonded bunker suppliers' bunkering volume soared by 14.8% year on year in the first five months of 2025.

06-27-2025 18:34:39

State-owned refinery run rate rises to 3-month high on less maintenance

Guangzhou (JLC), June 26, 2025--Chinese state-owned oil refineries' run rates extended rises to a three-month high in the week ending June 25, as Sinopec Hunan Petrochemical restarted its refinery.

06-26-2025 18:36:37

Independents' crude refining margins grow in late June

Guangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

Singapore’s bunker fuel sales jump to 16-month high in May

Guangzhou (JLC), June 25, 2025--Singapore’s bunker fuel sales jumped to a 16-month high in May, as global bunkering demand rallied after China and the US announced a joint statement on trade and tari

06-25-2025 19:00:32

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

China’s bonded bunker fuel imports rebound in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel imports rebounded in May, as domestic refiners increased purchases of imported low-sulfur fuel oil (LSFO) when domestic supply tightened.

06-24-2025 18:49:33

China’s bonded bunker fuel exports tumble in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel exports tumbled in May, which could be ascribed to the trade war between China and the US and a further decline in domestic production.

06-24-2025 18:48:18

MTBE exports continue to drop in May

Beijing (JLC), June 24, 2025--China exported 271,500 mt of MTBE in May 2025, down 6.18% month on month and 0.26% year on year, according to GACC.

06-24-2025 16:04:47

China’s LPG imports rise in May

Beijing (JLC), June 24, 2025—China imported 3.36 million mt of LPG in May 2025, which grew by 210,300 mt or 6.67% month on month and 198,200 mt or 6.26% year on year.

06-24-2025 14:38:44

China records larger on-year rise in fuel oil output in May

Guangzhou (JLC), June 23, 2025--China recorded a much larger year-on-year rise in its fuel oil output in May, mainly due to a low base in May 2024.

06-23-2025 17:42:42

China's May apparent kerosene consumption tumbles on year

Guangzhou (JLC), June 23, 2025--China's apparent consumption of kerosene slumped year on year in May 2025 because of lower production and higher exports.

06-23-2025 17:29:06

China's May apparent diesel consumption hits 33-month low

Guangzhou (JLC), June 23, 2025--China's daily apparent consumption of diesel fell to a 33-month low in May 2025, in line with decreasing production.

06-23-2025 17:27:25

China's apparent gasoline consumption falls 9.4% in May

Guangzhou (JLC), June 23, 2025--China's apparent consumption of gasoline dropped by 9.43% year on year in May 2025, owing to less output.

06-23-2025 17:20:44

China tallies big drops in gasoline and diesel output in Jan-May

Guangzhou (JLC), June 20, 2025--China tallied a plunge in its gasoline and diesel output in the first five months of 2025 when fuel demand was shrinking amid increasing use of alternative energy.

06-20-2025 17:39:33

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

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