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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

State-owned refinery run rates fall on weak demand

Beijing (JLC), June 6, 2024--Chinese state-owned oil refineries' run rates slipped in the week to June 5, 2024 (Wednesday) amid sluggish demand, JLC’s data shows.

06-06-2024 17:45:55

China’s April asphalt output slips amid high costs and weak demand

Beijing (JLC), June 4, 2024—China’s petroleum asphalt output shrank in April, mainly because domestic refiners were less willing to drive up operation when production was less profitable.

06-04-2024 16:24:07

China's March petroleum asphalt output falls on weak demand

Guangzhou (JLC), April 26, 2024--China's petroleum asphalt dropped year on year in March 2024, mainly due to weak domestic demand.

04-26-2024 18:41:40

China's May petroleum asphalt imports slump on weak demand

Guangzhou (JLC), June 20, 2023--China's petroleum asphalt imports plunged month on month in May 2023, due to soft domestic demand.

06-20-2023 18:45:22

China INE crude price slides after data shows weak demand from China

Guangzhou (JLC), March 8, 2023--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated Wednesday, after a slip in China’s crude imports and hawkish comments from

03-08-2023 19:02:17

China cuts 2022 gasoline output on weak demand

Guangzhou (JLC), January 31, 2023--China reduced its gasoline production in 2022, as domestic demand was hit hard by rampant Omicron and strict epidemic control measures that wasn’t lifted until Decem

01-31-2023 16:33:51

State-owned oil companies cut December refinery run rates on weak demand

Guangzhou (JLC), January 3, 2023--Chinese state-owned oil companies lowered their refinery operating rates in December 2022, due to weak domestic fuel demand, despite large oil product exports.

01-03-2023 17:12:47

Shandong independents’ run rates slip on weak demand in Nov

Guangzhou (JLC), December 2, 2022--Shandong-based independent refiners’ operating rates retreated in November, because of weak fuel demand and refinery maintenance.

12-02-2022 19:57:29

Shandong independents’ run rates extend drops on weak demand

Guangzhou (JLC), November 23, 2022--Shandong-based independent refiners’ run rates extended losses in the week to November 23, because of weak fuel demand.

11-23-2022 18:55:01

DES Shandong premiums of Mideast crude slump on weak demand

Guangzhou (JLC), November 22, 2022--The DES Shandong premium of crude from the Middle East has slumped this month, because of soft demand from China.

11-22-2022 16:09:28

China’s October petroleum asphalt output falls on weak demand

Guangzhou (JLC), November 21, 2022--China’s petroleum asphalt output continued to fall on a year-on-year comparison in October as demand stayed weak.

11-21-2022 11:38:26

China’s fuel market loses momentum on weak demand

Guangzhou (JLC), November 16, 2022--China’s gasoline and diesel prices lost upward momentum over the past week, in tandem with falling international crude prices, also due to a contraction in domestic

11-16-2022 18:51:08

Shandong independents’ run rates slip on weak demand and maintenance

Guangzhou (JLC), November 16, 2022--Shandong-based independent refiners’ run rates extended losses in the week to November 16, because of weak fuel demand and refinery maintenance.

11-16-2022 18:04:20

Sinopec cuts August crude runs on weak demand

Guangzhou (JLC), September 1, 2022--Sinopec cut its crude runs in August 2022 as demand was still depressed by persistent virus and refineries held high product stocks, despite the restart of Shanghai

09-01-2022 18:29:35

State-run refineries’ run rates extend drops amid weak demand

Guangzhou (JLC), August 11, 2022--Chinese state-run refineries’ utilization rate slipped further towards the middle of August when demand was still below normal levels and some refineries held quite

08-11-2022 19:01:05

China solvent oil market soft on weak demand

Beijing (JLC), July 28, 2022--China solvent oil market was weak in July 2022 dragged by lackluster demand.

07-29-2022 10:08:04

Sinopec and PetroChina cut May crude runs further on weak demand

Guangzhou (JLC), June 6, 2022--Sinopec and PetroChina reduced their crude runs further in May 2022, as demand was slow to recover and they found mounting product stockpiles.

06-06-2022 10:57:01

Chinese refiners cut oil product output on weak demand in April

Guangzhou (JLC), May 26, 2022--Chinese refiners reduced their production of gasoline, diesel and jet fuel in April, because of weak demand amid virus-related restrictions.

05-26-2022 18:20:52

Sinopec and PetroChina cut April crude runs on weak demand and turnarounds

Guangzhou (JLC), May 5, 2022--Sinopec and PetroChina reduced their crude runs in April 2022, because of weak fuel demand amid the recent wave of COVID-19 outbreaks in China and refinery turnarounds.

05-05-2022 14:57:39

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