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China's oil product exports plunge in October

Guangzhou (JLC), November 10, 2024--Chinese companies' oil product exports plunged in October, which could be ascribed to short quotas towards the end of the year.

11-10-2024 15:09:21

Chinese oil companies to cut clean refined product exports in November

Guangzhou (JLC), November 1, 2024--Chinese oil companies plan to cut their exports of clean oil products (gasoline, diesel and jet fuel) in November, due to multiple factors.

11-01-2024 15:54:57

China INE crude price extends gains on optimism over China’s oil demand

Guangzhou (JLC), October 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Wednesday, supported by renewed optimism about China’s oil de

10-23-2024 19:01:59

China’s fuel oil imports from major suppliers surge in Jan-Sept

Guangzhou (JLC), October 21, 2024--China’s fuel oil imports from its major suppliers surged in January-September, according to data from the General Administration of Customs (GACC).

10-21-2024 18:44:39

China's oil product exports drop on year in September

Guangzhou (JLC), October 14, 2024--Chinese companies' oil product exports fell year on year in September 2024 amid poor export margins.

10-14-2024 18:46:26

Chinese oil companies to raise clean product exports in October

Guangzhou (JLC), October 9, 2024--Chinese oil companies plan to raise their exports of clean products (gasoline, diesel and jet fuel) in October, after the release of new quotas in September.

10-09-2024 18:18:50

CNOOC starts up China’s first deepwater oilfield secondary development project

Guangzhou (JLC), September 25, 2024--State-owned China National Offshore Oil Corporation (CNOOC) brought in China’s first deepwater oilfield secondary development project in the waters of the Pearl Ri

09-25-2024 16:12:02

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

Russia becomes top fuel oil supplier to China in Jan-Aug

Guangzhou (JLC), September 23, 2024--Russia overtook Malaysia to become the largest fuel oil supplier to China in the first eight months of 2024, according to the data from the General Administration

09-23-2024 18:48:21

New quotas to allow relatively high oil product exports in Q4

Guangzhou (JLC), September 23, 2024--The recent release of China’s third batch of quotas on clean oil products will enable Chinese oil companies to have relatively high exports in Q4.

09-23-2024 18:16:39

China releases 3rd-batch 2024 quotas on oil product exports

Guangzhou (JLC), September 20, 2024--China has released the third batch of 2024 quotas on the exports of clean oil products (gasoline, diesel and jet fuel), setting the quotas at 8.0 million mt.

09-20-2024 14:38:29

Bohai Oilfield sets record high in its daily crude oil output

Guangzhou (JLC), September 5, 2024--The Bohai Oilfield’s daily crude oil production has recently exceeded the mark of 100,000 mt, hitting a record high in nearly sixty years of the oilfield’s developm

09-05-2024 17:29:55

China’s oil product exports to drop in September

Guangzhou (JLC), September 3, 2024--Chinese oil companies are expected to reduce their exports of oil products (gasoline, diesel and jet fuel) in September, because of tight quotas and bad margins.

09-03-2024 18:25:15

Changqing Oilfield produces over 1 billion toe of oil and gas

Guangzhou (JLC), September 3, 2024 – PetroChina's Changqing Oilfield – China's largest oil and gas field – has produced over 1 billion metric tons of oil equivalent (toe) of oil and gas.

09-03-2024 15:54:34

Yanchang Petroleum to build 1.0 million cbm oil depot

Guangzhou (JLC), September 2, 2024--Shaanxi Yanchang Petroleum Group planned to construct a crude oil depot with a storage capacity of 1.0 million cubic meters (cbm), according to China Chemical Indus

09-02-2024 16:30:10

China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

China INE crude price mounts on shutdown of Libyan oil fields

Guangzhou (JLC), August 27, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, following the shutdown of Libyan oil fields.

08-27-2024 19:26:13

China’s apparent fuel oil consumption increases in July

Guangzhou (JLC), August 21, 2024--China’s apparent consumption of fuel oil increased in July, as refiners raised their imports amid lower production and cut their exports amid tightening quotas.

08-21-2024 17:02:23

Malaysia becomes largest fuel oil supplier to China in July

Guangzhou (JLC), August 20, 2024--Malaysia surpassed Russia and became the largest fuel oil supplier to China in July, according to the data from the General Administration of Customs of the PRC (GACC

08-20-2024 18:38:24

China’s fuel oil output falls in July

Guangzhou (JLC), August 19, 2024--China’s fuel oil output fell in July, as refiners lowered their crude throughput and some refineries cut their yields of low-sulfur fuel oil (LSFO) amid worse margins

08-19-2024 19:10:05

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