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China’s oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China INE crude price rallies on signs of growing Chinese demand

Guangzhou (JLC), December 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after data pointed to rising oil demand from China.

12-10-2024 19:02:28

SOEs to slash December diesel output amid seasonally weak demand

Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

China LPG imports drop in Oct on high costs and limited demand

Beijing (JLC), November 26, 2024—In October, China’s LPG imports totaled 3 million mt, down by 254,800 mt or 7.82% on month, according to data from the General Administration of Customs of the PRC.

11-26-2024 14:36:47

China INE crude price up on geopolitical tensions, growing Indian demand

Guangzhou (JLC), November 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, supported by ongoing tensions between Russia and Ukr

11-25-2024 19:03:06

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

China INE crude price retreats on Chinese demand concerns

Guangzhou (JLC), November 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday as weak data raised concerns over China’s oil demand.

11-18-2024 18:27:09

Domestic gasoline demand to shrink in November, diesel largely stable

Guangzhou (JLC), November 4, 2024--Domestic gasoline demand is likely to shrink in November when there is no public holiday, while diesel demand tends to be largely stable.

11-04-2024 16:26:40

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

Sinopec copes with demand shift through refinery upgrade

Guangzhou (JLC), October 17, 2024 –Sinopec highlighted the importance of refinery transformation and upgrade in the face of a changing demand outlook.

10-17-2024 18:34:03

China INE crude price plummets on demand concerns

Guangzhou (JLC), October 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Wednesday amid demand concerns after both OPEC and the International En

10-16-2024 19:14:17

China INE crude price slips after OPEC cuts demand growth estimate

Guangzhou (JLC), October 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday after OPEC cut its global oil demand growth forecast. SC241

10-15-2024 18:29:07

Domestic diesel demand grows in September, but still relatively weak

Guangzhou (JLC), October 14, 2024--Domestic diesel demand grew on a month-on-month comparison in September which used to be a strong month for diesel consumption, but was still relatively weak.

10-14-2024 17:23:22

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

China’s road fuel demand likely to shift in September

Guangzhou (JLC), September 4, 2024 – China’s diesel demand is likely to grow in September which is a traditional high season, while gasoline demand will ease following a peak during the summer travel

09-04-2024 18:03:14

China INE crude price slips on demand concerns

Guangzhou (JLC), August 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday due to concerns over China’s oil demand.

08-19-2024 18:54:02

China INE crude price drops on demand worries, US crude stock build

Guangzhou (JLC), August 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Thursday due to demand concerns and a surprise build in the US crude stocks

08-15-2024 18:51:32

Diesel demand eclipsed by alternative energy and property headwinds

Guangzhou (JLC), August 14, 2024 –China’s diesel demand has been dragged by multiple factors including growing use of alternative energy, prolonged property woes, and a shift to cost-effective

08-14-2024 19:04:04

China INE crude price rises again despite OPEC’s cut in demand forecast

Guangzhou (JLC), August 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, still supported by concerns over tensions in the Middle Ea

08-13-2024 18:14:32

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