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China's daily crude imports drop 4.91% on month in October

Guangzhou (JLC), November 8, 2024--China's daily crude oil imports fell by 4.91% month on month in October 2024, according to the latest data from the General Administration of Customs of the PRC.

11-08-2024 17:30:46

Crude stocks at Shandong ports rebound as unloading outpaces delivery

Guangzhou (JLC), November 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week to November 7 as cargo unloading outpaced delivery.

11-07-2024 20:03:18

Independents’ refining margins for imported crude slip modestly

Guangzhou (JLC), November 7, 2024--Shandong-based independents’ refining margins for imported crude slipped modestly in early November, as crude costs gained more ground than sales revenue.

11-07-2024 18:03:03

China INE crude price rises further on lingering geopolitical risks

Guangzhou (JLC), November 1, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Friday following reports that Iran is preparing a strike on I

11-01-2024 19:11:49

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

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), October 31, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to October 31 when unloading was low, though consumption slowed down.

10-31-2024 17:36:02

China's bonded bunker imports to hit a 23-month high in October

Guangzhou (JLC), October 31, 2024--China bonded bunker fuel imports are expected to hit a 23-month high in October, after September imports reached a 22-month high, as domestic supply tightens.

10-31-2024 16:39:05

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

China’s LPG imports increase in September

10-29-2024 17:11:37

China’s MTBE exports plunge in September

Beijing (JLC), October 25, 2024, 2024--China exported 76,600 mt of MTBE in September, slumping by 68.12% month on month and down by 47.59% year on year, according to data from the GACC.

10-25-2024 11:54:21

Crude stocks at Shandong ports retreat in late October

Guangzhou (JLC), October 24, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week to October 24, as outbound delivery exceeded cargo unloading.

10-24-2024 16:50:54

China’s bonded bunker fuel imports hit 22-month high in September

Guangzhou (JLC), October 23, 2024--China’s bonded bunker fuel imports jumped significantly and set a 22-month high in September 2024, as domestic low-sulfur fuel oil (LSFO) supply declined amid tight

10-23-2024 18:50:47

Independents’ refining margins for imported crude rally

Guangzhou (JLC), October 23, 2024--Shandong-based independents’ refining margins for imported crude rallied in the week to October 23, as crude costs dropped more than sales revenue.

10-23-2024 18:07:30

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China’s bonded bunker exports surge in September, but sales decline

Guangzhou (JLC), October 22, 2024--China’s bonded bunker fuel exports surged in September, because of brisker re-export trade, but its actual sales declined amid tighter domestic supply.

10-22-2024 18:38:49

Singapore’s bunker fuel sales drop again in September

Guangzhou (JLC), October 22, 2024--Singapore’s bunker fuel sales dropped again in September, as ship arrivals decreased to a 19-month low.

10-22-2024 18:36:57

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 cuts diesel exports to most markets in Jan-Sept

Guangzhou (JLC), October 21, 2024--Chinese oil companies reduced their diesel exports to most markets in the first nine months of 2024 when export margins were bad and China rationed its exports

10-21-2024 17:51:40

China's jet fuel exports to Indonesia surge over 11 times in Jan-Sept

Guangzhou (JLC), October 21, 2024--China's jet fuel exports to Indonesia soared by 1,081% year on year in the first nine months of 2024, indicating rapidly growing demand from the latter.

10-21-2024 17:24:41

China's gasoline exports to major markets slump in Jan-Sept

Guangzhou (JLC), October 21, 2024--China's gasoline exports to its major markets including Singapore, Malaysia and the Philippines plunged in the first nine months of 2024.

10-21-2024 16:15:32

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