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Shandong independents’ feedstock unloading decreases in May

Guangzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

Domestic fuel prices go higher amid stronger crude

Guangzhou (JLC), June 6, 2025--China’s wholesale gasoline and diesel prices went higher in early June, tracking a rise in international crude prices, also because of increasing demand.

06-06-2025 17:24:33

Independents find higher refining margins for imported crude

Guangzhou (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Domestic fuel prices rise in late May

Guangzhou (JLC), May 30, 2025--China’s wholesale gasoline and diesel prices rose in late May, as supply tightened and demand grew.

05-30-2025 17:17:47

Independents’ refining margins for imported crude surge

Guangzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China’s apparent fuel oil consumption increases in April

Guangzhou (JLC), May 28, 2025--China’s apparent consumption of fuel oil increased month on month in April, because of surging imports, despite higher exports and lower output.

05-28-2025 19:16:53

Shandong independents' run rates drop for nine weeks in a row

Guangzhou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

Singapore’s daily bunker fuel sales rise in April

Guangzhou (JLC), May 26, 2025--Singapore’s daily bunker fuel sales rose in April, according to the data from the Maritime and Port Authority of Singapore (MPA).

05-26-2025 18:42:28

China’s gasoline prices continue to fall, diesel prices extend gains

Guangzhou (JLC), May 23, 2025--China’s wholesale gasoline prices continued to fall in the week to May 23, because of tepid demand and slipping crude prices, while diesel prices extended gains as dema

05-23-2025 18:40:44

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

China’s bonded bunker fuel exports grow in April

Guangzhou (JLC), May 21, 2025--China’s bonded bunker fuel exports grew in April, as global shipping demand improved.

05-21-2025 18:26:35

China sees first year-on-year rise in fuel oil output in 16 months

Guangzhou (JLC), May 21, 2025--China’s fuel oil output rose year on year in April 2025, the first time since December 2023, according to the data from the National Bureau of Statistics (NBS).

05-21-2025 18:20:22

China’s bonded bunker fuel imports retreat in April

Guangzhou (JLC), May 20, 2025--China’s bonded bunker fuel imports retreated in April, as domestic refiners reduced their purchases for high-sulfur fuel oil (HSFO) when their inventories were relativel

05-20-2025 17:57:12

China’s fuel oil imports tumble in April

Guangzhou (JLC), May 19, 2025--China recorded a year-on-year plunge in its fuel oil imports in April, as domestic refiners’ buying interest was dampened by higher import costs.

05-19-2025 18:04:02

China’s gasoline prices inch lower, diesel prices rebound

Guangzhou (JLC), May 16, 2025--China’s wholesale gasoline prices inched lower in mid-May, due to weakening demand, while diesel prices rebounded modestly, bolstered by stronger crude prices.

05-16-2025 16:14:58

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

China’s LSFO output declines further in April

Guangzhou (JLC), May 14, 2025--China’s LSFO output declined further in April, as more refineries launched maintenance, also because of still bad production margins.

05-14-2025 17:37:14

Chimbusco launches bonded bunker blending in NE China

Guangzhou (JLC), May 13, 2025--Northeast China has lately seen the launch of bonded bunker fuel oil blending, which was successful practice of China’s upgrade strategy for Pilot Free Trade Zones (FTZ

05-13-2025 18:14:44

China’s fuel prices drop for five consecutive weeks

Guangzhou (JLC), May 9, 2025--China’s wholesale gasoline and diesel prices dropped again this week, the fifth week in a row, as international crude prices moved lower and gasoline demand retreated af

05-09-2025 16:23:46

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

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