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China to hike fuel ceilings on Jan 17, second time in 2025

Guangzhou (JLC), January 16, 2025--China will hike its retail ceilings of gasoline and diesel on January 17, 2025 (Friday), the second time in 2025, as crude prices have extended gains.

01-16-2025 14:24:14

China to raise fuel ceilings on October 24, second time in a row

Guangzhou (JLC), October 23, 2024--China will raise its retail ceilings of gasoline and diesel on October 24, 2024 (Thursday), the second time in a row, as crude prices have gone up.

10-23-2024 11:40:03

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 to raise fuel ceilings on October 11, first time in three months

Guangzhou (JLC), October 10, 2024--China will raise its retail ceilings of gasoline and diesel on October 11, 2024 (Friday), as crude prices have rallied over the past 10 working days.

10-10-2024 11:18:32

DES Shandong premiums for ESPO turn positive, first time in 2024

Guangzhou (JLC), September 24, 2024--The DES Shandong premiums for Russian ESPO Blend began to rise in mid-to-late August and turned positive on September 23, which could mainly be ascribed to increa

09-24-2024 18:24:00

China INE crude price edges down on growing wait-and-see sentiment

Guangzhou (JLC), September 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Tuesday amid growing wait-and-see sentiment.

09-10-2024 18:59:53

Sinopec Guangzhou exports road asphalt for first time

Guangzhou (JLC), July 30, 2024--Sinopec Guangzhou Petrochemical shipped a batch of Donghai road asphalt out of its refinery to Macao, China, on July 22, marking the company's first asphalt export.

07-30-2024 18:29:01

State-owned refineries' June run rates fall for third time in a row

Guangzhou (JLC), July 4, 2024--Chinese state-owned oil companies cut their refinery operating rates for the third straight month in June, as they remained under sales pressure.

07-04-2024 15:44:13

Tarim Oilfield sees shortest drilling time for 8,000-meter well in China

Guangzhou (JLC), May 29, 2024--PetroChina Tarim Oilfield completed the drilling of the Fuyuan 304-H2 well in the 8,322-meter underground layer in 89 days, setting a record for the shortest drilling ti

05-30-2024 17:08:31

China to cut fuel ceilings on April 30, first time in 15 weeks

Guangzhou (JLC), April 29, 2024--China will cut its retail ceilings of gasoline and diesel on April 30, 2024 (Tuesday), the first time in about 15 weeks, as international crude prices retreated in thi

04-29-2024 14:29:41

Harbin Petrochemical exports MTBE for first time

Guangzhou (JLC), April 17, 2024--PetroChina Harbin Petrochemical has recently delivered a batch of methyl tertiary-butyl ether (MTBE) to the Netherlands, marking the company's first MTBE exports.

04-17-2024 18:59:52

Sinopec and PetroChina raise crude runs in March, third time in a row

Guangzhou (JLC), April 9, 2024--Sinopec and PetroChina increased their crude throughput for a third consecutive month in March.

04-09-2024 11:15:12

China INE crude price range-bound on wait-and-see sentiment

Guangzhou (JLC), February 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little moved on Tuesday, as market participants took a wait-and-see attitude a

02-06-2024 18:51:11

China’s 2023 crude throughput hits all-time high

Guangzhou (JLC), January 17, 2024 – China’s 2023 crude throughput rebounded to a record high, as domestic demand picked up after the country lifted COVID-related restrictions.

01-17-2024 17:11:56

China INE crude price falls amid wait-and-see sentiment

Guangzhou (JLC), January 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Tuesday amid a wait-and-see sentiment.

01-16-2024 18:52:43

Chinese airlines cut fuel surcharges for the first time in 2024

Guangzhou (JLC), January 8, 2024 – Chinese airlines cut their jet fuel surcharges on January 5, 2024, because of lower jet fuel prices.

01-08-2024 18:44:07

China to raise fuel prices on January 4, firs time in 12 weeks

Guangzhou (JLC), January 3, 2024--China will raise its gasoline and diesel retail ceilings on January 4, which will be the first rise in about 12 weeks, after six consecutive cuts.

01-03-2024 18:28:11

China to cut fuel ceilings on Dec 6, fifth time in a row

Guangzhou (JLC), December 5, 2023--China will cut its retail ceilings of gasoline and diesel on December 6, the fifth time in a row, as international crude prices have weakened.

12-05-2023 18:45:58

China INE crude price retreats on wait-and-see sentiment

Guangzhou (JLC), November 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) came down on Tuesday when market participants were awaiting the OPEC+ meeting.

11-28-2023 18:47:53

China to cut fuel ceilings on Nov 22, fourth time in a row

Guangzhou (JLC), November 21, 2023--China will cut its retail ceilings of gasoline and diesel on November 22, the fourth time in a row, as international crude prices have weakened.

11-21-2023 14:20:53

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