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Gasoline and jet fuel demand boosted by Chunyun, diesel sluggish

Guangzhou (JLC), February 1, 2024 – Demand for different types of fuel will remain diverged in February, as the 40-day Spring Festival travel rush (known as Chunyun) kicked off on January 26.

02-01-2024 16:57:20

Sluggish buying interest hurts December ESPO premiums

Guangzhou (JLC), November 10, 2023 – Premiums of ESPO cargoes on a DES Shandong basis have dropped recently due to limited buying interest amid poor refining margins, quota tightness.

11-10-2023 18:59:32

China oil product market sluggish amid weak demand

Beijing (JLC), October 21, 2020--China's oil product market has been sluggish because of weak demand over the past week, despite the upward expectations on the retail ceilings of gasoline and diesel.

10-21-2020 15:45:37

China alkylate oil market stay weak amid sluggish demand

Beijing (JLC), September 22, 2020--China alkylate oil market fluctuated at low levels in September because domestic gasoline market was mild amid the fluctuating crude prices and the demand for alkylate oil was weak.

09-22-2020 17:28:02

China's refined oil keeps sluggish despite peak season

Beijing (JLC), September 16, 2020--China’s refined oil prices continue dropping in September, though it is in the traditional peak season.

09-16-2020 18:36:28

Imported crude market slumps on sluggish demand on Aug 12

Beijing (JLC), August 12, 2020--The premiums of major imported crude in Shandong ports moved down Wednesday due to lower offers, as the demand of Shandong independent refiners was very weak.

08-12-2020 17:46:11

Imported crude market sluggish on weak demand on Aug 11

Beijing (JLC), August 11, 2020--The premiums of major imported crude in Shandong ports were stable Tuesday due to thin trading, as buying interest from independent refiners was very weak.

08-11-2020 17:26:29

Imported crude market sluggish on port congestion on Aug 10

Beijing (JLC), August 10, 2020--The premiums of major imported crude in Shandong ports moved sideways Monday due to thin interest, as many dirty tankers were still difficult to be discharged due to port congestion in major Shandong ports.

08-10-2020 17:37:04

Imported crude market sluggish on a stalemate on Aug 7

Beijing (JLC), August 7, 2020--The premiums of major imported crude in Shandong ports moved sideways Friday due to quiet market. The market was in a stalemate, as the demand of Shandong independent refiners remained weak, while the traders were reluctant to cut their offers due to higher cost.

08-07-2020 19:09:40

Imported crude market sluggish on cheap supply on Aug 6

Beijing (JLC), August 6, 2020--The premiums of major imported crude in Shandong ports were stable to lower Thursday, as low price was seen in the market. Several sellers cut their offers in order to attract buyers amid weak demand.

08-06-2020 17:44:34

Imported crude market sluggish on muted demand on Aug 4

Beijing (JLC), August 4, 2020--The premiums of major imported crude in Shandong ports moved sideways Tuesday due to thin trading, as the demand of Shandong independent refiners remained weak.

08-04-2020 17:51:49

Imported crude market sluggish on weak demand on Jul 30

Beijing (JLC), July 30, 2020--The premiums of major imported crude in Shandong ports moved sideways Thursday due to quiet market, as buying interest from Shandong independent refiners remained weak.

07-30-2020 17:25:31

Imported crude market sluggish on muted demand on Jul 27

Beijing (JLC), July 27, 2020--The premiums of major imported crude in Shandong ports moved sideways Monday, as the market started the week on a quiet note due to weak demand of Shandong independent refiners.

07-27-2020 17:17:57

Imported crude market sluggish on amply supply on Jul 24

Beijing (JLC), July 24, 2020--The premiums of major imported crude in Shandong ports moved sideways Friday, as the demand of Shandong independent refiners was still weak amid port congestion.

07-24-2020 18:44:12

Imported crude market sluggish on weak demand on Jul 23

Beijing (JLC), July 23, 2020--The premiums of major imported crude in Shandong ports moved sideways Thursday due to thin trading, as buying interest from Shandong independent refiners was still weak.

07-23-2020 17:37:26

Imported crude market sluggish on muted demand on Jul 21

Beijing (JLC), July 21, 2020--The premiums of major imported crude in Shandong ports were stable Tuesday owing to thin trading. Buying interest from Shandong independent refiners were still weak amid port congestion and weakening margins.

07-21-2020 17:50:22

Imported crude market sluggish on weak demand on Jul 16

Beijing (JLC), July 16, 2020--The premiums of major imported crude in Shandong ports were stable, as buying interest from Shandong independent refiners was still weak due to port congestion.

07-16-2020 17:42:36

Imported crude market sluggish on thin trading on Jul 15

Beijing (JLC), July 15, 2020--The premiums of major imported crude in Shandong ports were stable, as buying interest from Shandong independent refiners was weak due to port congestion.

07-15-2020 17:47:01

Imported crude market sluggish on weak demand on Jul 13

Beijing (JLC), July 13, 2020--The premiums of major imported crude in Shandong ports were stable, as buying interest from Shandong independent refiners was muted amid port congestion. “They cannot buy anything until port congestion eased and oil prices fall below $40/bbl," a source said.

07-13-2020 17:40:27

INE crude drops amid sluggish demand

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Friday, when trading was still sluggish amid weak end-user demand.

02-21-2020 19:36:42

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