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Domestic fuel prices still mixed in late December

Guangzhou (JLC), December 27, 2024--China’s wholesale fuel prices were still mixed in late December, because of divergent demand.

12-27-2024 18:15:17

Alkylate margins rally in H1 December amid higher product prices

Beijing (JLC), December 20, 2024--As of December 15, margins of alkylate units in Shandong averaged minus CNY470/mt, up by 27.07% compared with the average margin in the second half of November.

12-20-2024 16:12:37

China’s fuel prices climb in mid-Dec, fourth week in a row

Guangzhou (JLC), December 13, 2024--China’s wholesale gasoline and diesel prices climbed further in mid-December, the fourth week in a row, as state-owned refiners tried to boost their profit after a

12-13-2024 18:12:01

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

Domestic fuel prices extend gains in early December

Guangzhou (JLC), December 6, 2024--China’s wholesale gasoline and diesel prices extended gains in early December, as state-owned refiners continued to hike prices after achieving their sales targets i

12-06-2024 17:16:38

China to cut VAT rebate for refined oil export as from December

Guangzhou (JLC), November 15, 2024--China will cut the value-added tax (VAT) rebate for the export of gasoline, diesel and jet fuel to 9% as from December 1, 2024, down from 13%.

11-15-2024 20:37:09

Domestic fuel prices extend declines

Guangzhou (JLC), September 20, 2024--China’s wholesale gasoline and diesel prices extended losses in the week to September 20, mainly due to the expectation of lower retail ceilings coupled with incr

09-20-2024 19:02:36

Domestic fuel prices diverge in late December

Guangzhou (JLC), December 29, 2023--China’s wholesale gasoline and diesel prices were mixed in late December, mainly because of divergent demand.

12-29-2023 19:19:51

PetroChina Liaoyang exports winter-grade diesel to Mongolia in Dec.

Guangzhou (JLC), December 26, 2023 – PetroChina Liaoyang Petrochemical exported 30,000 mt of low-pour-point diesel to Mongolia in December, setting a record in terms of export volume for the fuel.

12-26-2023 18:48:51

China to see year’s largest cut in its fuel prices on Dec 20

Guangzhou (JLC), December 19, 2023--China will lower its gasoline and diesel retail ceilings on December 20, the sixth time in a row, as international crude prices have extended drops in the past 10

12-19-2023 18:57:37

Domestic diesel prices slip further in mid-December

Guangzhou (JLC), December 15, 2023--China’s wholesale diesel prices slipped further in the middle of December, as international crude prices weakened and demand continued to shrink.

12-15-2023 16:42:09

China’s fuel prices inch down in early December

Guangzhou (JLC), December 8, 2023--China’s gasoline and diesel prices slipped modestly in early December, weighed down by weaker international crude and shrinking demand.

12-08-2023 16:16:44

Chinese refiners to cut oil product exports in December

Guangzhou (JLC), December 6, 2023--Chinese refiners plan to trim their December exports of oil products (gasoline, diesel and jet fuel), largely due to tight quota availability.

12-06-2023 17:57:23

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’s oil product demand likely to remain soft in December

Guangzhou (JLC), December 4, 2023 – China’s oil product demand is likely to be seasonally dull in December due to multiple factors including falling temperatures and a slowing manufacturing sector.

12-04-2023 18:25:33

Chinese refiners to cut oil product exports on short quota in Nov-Dec

Guangzhou (JLC), October 25, 2023--Chinese refiners are likely to reduce their exports of oil products (gasoline, diesel and jet fuel) in the last two months of 2023, as they have run short of quota.

10-25-2023 13:52:44

China’s MTBE exports soar in Dec

Guangzhou (JLC), January 31, 2023--China’s MTBE exports soared sharply in December 2022, as domestic supply increased while domestic demand stayed lackluster.

01-31-2023 16:40:55

China's December oil product exports surge to 32-month high

Guangzhou (JLC), January 15, 2023--Chinese oil companies’ oil product exports skyrocketed to a 32-onth high in December 2022 amid large quotas and weak domestic demand.

01-15-2023 16:04:12

China to cut fuel ceilings on Dec 20, three times in a row

Guangzhou (JLC), December 19, 2022--China will cut the price ceilings of gasoline and diesel on December 20, 2022, the third time in a row, due to drops in international crude prices.

12-19-2022 19:01:00

PetroChina and Sinopec hike jet fuel ex-refinery prices in December

Guangzhou (JLC), December 6, 2022--PetroChina and Sinopec raised their jet fuel ex-refinery prices by CNY244/mt on December 1, 2022, according to sources from the two companies.

12-06-2022 19:04:29

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