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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 refining sector reaps higher profits in 2023

Guangzhou (JLC), February 21, 2024 – Oil refining profits in China surged last year, while the upstream sector and the chemical sector saw a decline in profits, Sinopec reported on February 21.

02-21-2024 19:05:56

Retail profits of gasoline and diesel diverge in 2023

Guangzhou (JLC), January 5, 2024 – The retail-wholesale spread, a gauge of retail profits for fuel at the pump, performed differently for gasoline and diesel in 2023.

01-05-2024 17:59:47

PetroChina’s net profits set record high in 2022

Guangzhou (JLC), March 30, 2023--PetroChina’s net profits attributable to equity shareholders set an all-time high last year, mainly as a result of higher oil and gas prices, larger oil and gas produ

03-30-2023 16:19:16

Bunker blending profits plunge on higher costs in north China

Guangzhou (JLC), May 31, 2022--Bunker blending profits in north China plummeted in late May amid higher blending costs, despite stale bunker fuel prices.

05-31-2022 19:28:09

China's industrial profits keep growing fast in first 11 months

Guangzhou (JLC), December 27, 2021-- The profits of China's major industrial firms continued with rapid growth in the first 11 months of 2021 when both commodity prices jumped together with costs.

12-27-2021 18:47:25

China's industrial profits surge 66.9% in H1

Guangzhou (JLC), July 27, 2021--China's major industrial companies saw a 66.9% year-on-ear surge in their profits in the first half (H1) of this year amid a stable recovery in market demand and improving business performance.

07-27-2021 18:31:48

INE crude extends gains on upbeat China industrial profits

Guangzhou (JLC), July 27, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose further on Tuesday, with support from a surge in China’s industrial profits and consecutive drops in Britain’s daily new cases.

07-27-2021 18:22:16

Sinopec, PetroChina estimate surges in profits for H1

Guangzhou (JLC), July 6, 2021--Both Sinopec and PetroChina have expected a surge in their profit for the first half (H1) of this year, due to much stronger oil prices and growing demand in the domestic market as China’s economy recovers fast.

07-06-2021 15:13:21

Sinopec Qilu Petchem sees highest profits within group in Feb

Guangzhou (JLC), March 23, 2021--Sinopec Qilu Petrochemical in Shandong province recorded remarkable profit margins in February, ranking no.1 among Sinopec refineries, Sinopec said on its website.

03-23-2021 18:52:44

Bunker blending profits narrow on lower bunker fuel prices

Bunker blending profits in Bohai Bay fell last week as bunker fuel prices continued to move lower, JLC data shows.

09-22-2020 17:54:14

Sinopec refineries try more new imported grades to boost profits

Sinopec's refineries have started to process more new imported grades this year to drive up profits.

08-18-2020 17:43:35

Bunker blending profits fall on increasing blending costs

Bunker blending profits in Bohai Bay narrowed last week due to an uptick in blending costs, JLC data shows.

08-17-2020 17:43:52

Bunker blending profits narrow on weak demand, growing blending costs

Bunker blending profits in Bohai Bay narrowed in April on slack end-user demand and increasing blending costs, JLC data shows.

04-28-2020 10:05:35

INE crude tanks as China's industrial profits plunge

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped on Monday due to the slump in China's industrial profits in March.

04-27-2020 18:50:04

Shandong independents' coking profits rise in early February

Beijing (JLC), February 5, 2019--Shandong-based independent refiners’ coking profits increased in the week ended February 5, as costs fell deeper than sales revenue.

02-05-2020 17:48:34

INE crude rises on upbeat China industrial profits

Guangzhou (JLC), December 30, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform extended gains on Monday, with support from a rise in industrial profits in China and optimism about a trade deal.

12-30-2019 19:38:45

Domestic olefin deep-processing profits fall

Beijing (JLC), November 29, 2019--The domestic olefin deep-processing profits decreased in the week over November 22-28, mainly due to weakening oil market

11-29-2019 17:20:37

Shandong independent refiners' refining profits lower in 2019

Beijing (JLC), November 19, 2019--Shandong-based independent refiners’ refining profits were largely lower in 2019 compared with 2018, mainly because their sales revenues declined sharply amid falling downstream product prices, especially refined product prices, JLC data shows.

11-19-2019 15:11:16

Bunker oil blending profits move sideways in Bohai Bay

Beijing (JLC), October 21, 2019--The blending profits for bunker oil moved sideways in the week during October 14-18, when international crude futures prices were range bound and oil blending feedstock prices inched up.

10-21-2019 16:23:18

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