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China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

China's 2024 crude imports retreat from record high

Guangzhou (JLC), January 13, 2025--China's crude oil imports retreated in 2024, after setting a record high in 2023, according to the latest data released by the GACC on Monday.

01-13-2025 16:05:33

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), January 9, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined significantly in the week to January 9, 2025, as outbound delivery outpaced unloading.

01-09-2025 18:31:11

Crude stocks at Shandong ports hold largely stable at the beginning of 2025

Guangzhou (JLC), January 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports were still largely stable in the week to January 2, 2025, JLC's data shows.

01-03-2025 14:31:09

Crude stocks at Shandong ports largely steady in late December

Guangzhou (JLC), December 27, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely stable in the week to December 26, JLC's data shows.

12-27-2024 15:25:44

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

Crude stocks at Shandong ports extend rises over past week

Guangzhou (JLC), December 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended rises in the week to December 12, as unloading outpaced outbound delivery.

12-12-2024 17:08:53

China's crude imports rebound to 15-month high in November

Guangzhou (JLC), December 10, 2024--China's crude imports rebounded sharply to a 15-month high in November 2024, which could be ascribed to lower prices in September when orders were placed.

12-10-2024 14:44:36

Crude stocks at Shandong ports rebound slightly in early December

Guangzhou (JLC), December 6, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded slightly in the week to December 5, as unloading outpaced outbound delivery modestly.

12-06-2024 16:11:20

Crude stocks at Shandong ports plunge in late November

Guangzhou (JLC), November 28, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports plunged in the week to November 28, as more feedstock was delivered out of local ports.

11-28-2024 17:59:18

Crude stocks at Shandong ports up slightly

Guangzhou (JLC), November 21, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew modestly in the week to November 21 as cargo unloading still exceeded outbound delivery.

11-21-2024 18:39:59

Crude stocks at Shandong ports extend rises

Guangzhou (JLC), November 14, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in the week to November 14 as more cargoes were unloaded.

11-14-2024 18:32:30

China's daily crude imports drop 4.91% on month in October

Guangzhou (JLC), November 8, 2024--China's daily crude oil imports fell by 4.91% month on month in October 2024, according to the latest data from the General Administration of Customs of the PRC.

11-08-2024 17:30:46

Crude stocks at Shandong ports rebound as unloading outpaces delivery

Guangzhou (JLC), November 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week to November 7 as cargo unloading outpaced delivery.

11-07-2024 20:03:18

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), October 31, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to October 31 when unloading was low, though consumption slowed down.

10-31-2024 17:36:02

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Crude stocks at Shandong ports retreat in late October

Guangzhou (JLC), October 24, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week to October 24, as outbound delivery exceeded cargo unloading.

10-24-2024 16:50:54

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China cuts crude imports from major suppliers in September

Guangzhou (JLC), October 21, 2024--China reduced its crude imports from majors suppliers including Russia, Malaysia, Iraq, Angola and Brazil in September, according to data from the GACC.

10-21-2024 11:55:47

Crude stocks at Shandong ports rally in mid-October

Guangzhou (JLC), October 17, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in mid-October, as cargo unloading exceeded outbound delivery.

10-17-2024 18:15:49

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