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Chinese oil companies revise up plans for November refined oil exports

Guangzhou (JLC), November 25, 2024--Chinese oil companies have revised up their plans for November exports of clean oil products (gasoline, diesel and jet fuel), before China cuts its VAT rebate.

11-25-2024 17:20:37

China's fuel prices extend drops, seventh week in a row

Guangzhou (JLC), August 23, 2024--China’s gasoline and diesel prices extended drops in the week to August 23, the seventh week in a row, tracking a decline in international crude prices, also due to

08-23-2024 17:51:12

China's gasoline exports plunge 22.7% in first seven months

Guangzhou (JLC), August 19, 2024--China’s gasoline exports plunged by 22.7% in the first seven months of 2024, accelerating from a 20.2% decrease in the first six months, due to stronger domestic dema

08-19-2024 15:00:15

Several Sinopec refineries cut diesel yield for better profit

Guangzhou (JLC), May 28, 2024--Several Sinopec refineries cut the yield of diesel while lifting that of other products to amplify their profit margins, Sinopec said on its news website.

05-28-2024 16:59:56

China’s diesel exports soar 60.99% in first eleven months

Guangzhou (JLC), December 22, 2023--China's diesel exports surged by 60.99% year on year in the first eleven months of 2023, according to data from the GACC.

12-22-2023 11:49:51

Review of major events in China’s oil product industry in 2023

Guangzhou (JLC), December 11, 2023 – JLC has listed some key facts, important policies or events related to China’s refined oil products in 2023. For more, please subscribe to JLC 2023 Annual Report.

12-11-2023 19:02:01

Several Sinopec refineries see record jet fuel output in August

Guangzhou (JLC), September 27, 2023--Several Sinopec refineries saw record jet fuel production in August due to strong demand in the summer travel rush.

09-27-2023 18:56:37

More gasoline displaced by NEVs in China during Jan-July 2023

Guangzhou (JLC), September 7, 2023 – About 9.35 million mt of gasoline as a road fuel was displaced by new energy vehicles (NEVs) in China during January-July 2023.

09-07-2023 19:13:20

China’s gasoline exports grow 14.7% in first seven months

Guangzhou (JLC), August 21, 2023--China’s gasoline exports grew 14.7% year on year in the first seven months of 2023, which could be ascribed to recovering international demand.

08-21-2023 17:38:34

Sinopec successfully develops aerospace kerosene

Guangzhou (JLC), July 17, 2023--Sinopec’s Jingmen Petrochemical loaded its first batch of aerospace kerosene onto trucks and sent it out of the refinery on July 13.

07-17-2023 16:00:40

Chevron and NewLink launch first co-branded retail station in China

Guangzhou (JLC), March 28, 2023 – The very first co-branded service station between international oil major Chevron and NewLink, a Chinese energy service provider, has opened for business on March 25

03-28-2023 19:17:29

China’s gasoline and diesel prices drop for seven weeks in a row

Guangzhou (JLC), December 30, 2022--China’s gasoline and diesel prices moved lower at the end of December amid soft demand, marking drops in seven consecutive weeks.

12-30-2022 17:28:55

Review of major events in China oil market in 2022 (1)

Guangzhou (JLC), November 28, 2022--China’s oil market continued to see great changes in 2022, with fuel demand dampened by the virus more sharply, diesel prices strengthening against gasoline...

11-28-2022 17:12:52

China’s oil product exports to stay elevated beyond October

Guangzhou (JLC), October 17, 2022--China’s oil product exports will stay elevated during November-December and even January 2023, due to the release of this year’s fifth batch of quotas.

10-17-2022 16:11:25

NEV sales jump to keep sapping China’s gasoline use in 2022

The swelling market share of new energy vehicles (NEVs) in the country’s automotive industry during the first quarter (Q1) could keep weighing down the use of gasoline in China in 2022.

05-11-2022 10:26:41

China to raise fuel prices on April 1, seven times in a row

Guangzhou (JLC), March 31, 2022--China will raise the retail ceilings of gasoline and diesel on April 1, the seventh time in a row so far this year.

03-31-2022 12:40:40

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