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PetroChina Harbin launches bonded jet fuel business

Guangzhou (JLC), December 26, 2024--PetroChina Harbin Petrochemical delivered 3,000 mt of bonded jet fuel to Harbin Taiping International Airport on December 23.

12-26-2024 17:38:36

China's November apparent gasoline consumption hits 23-month low

Guangzhou (JLC), December 23, 2024--China's apparent consumption of gasoline in November reached a 23-month low because of plunging output and surging exports.

12-23-2024 19:05:52

China’s gasoline prices tick higher, diesel prices retreat

Guangzhou (JLC), December 20, 2024--China’s wholesale gasoline prices ticked higher this week, as international crude prices strengthened and demand grew modestly, while diesel prices retreated amid

12-20-2024 17:24:34

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 October apparent gasoline consumption sets year's lowest

Guangzhou (JLC), November 21, 2024--China's apparent consumption of gasoline in October hit the lowest in 2024, as Chinese refiners cut their gasoline production to this year's lowest.

11-21-2024 18:11:46

Chinese oil refiners cut October gasoline output to year’s lowest

Guangzhou (JLC), November 18, 2024--Chinese oil refiners cut their October gasoline production to the year's lowest, according to data from the National Bureau of Statistics (NBS).

11-18-2024 16:46:28

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

State-owned refiners to raise diesel output in November

Guangzhou (JLC), November 13, 2024--State-owned Sinopec, PetroChina, CNOOC and Sinochem plan to produce 10.56 million mt of diesel in total in November, averaging 2.60 million barrels per day, up 6.35

11-13-2024 15:05:20

China’s diesel consumption grows modestly in October, gasoline down

Guangzhou (JLC), November 12, 2024--Domestic diesel consumption grew modestly in October, which is a traditional strong month for diesel demand, while gasoline demand slipped, JLC's research shows.

11-12-2024 16:43:53

Domestic gasoline demand to shrink in November, diesel largely stable

Guangzhou (JLC), November 4, 2024--Domestic gasoline demand is likely to shrink in November when there is no public holiday, while diesel demand tends to be largely stable.

11-04-2024 16:26:40

Domestic gasoline prices inch lower, diesel prices climb

Guangzhou (JLC), November 1, 2024--Domestic wholesale gasoline prices inched lower in late October and early November, tracking drops in international crude prices, while diesel prices climbed on rel

11-01-2024 17:24:19

Chinese oil companies to cut clean refined product exports in November

Guangzhou (JLC), November 1, 2024--Chinese oil companies plan to cut their exports of clean oil products (gasoline, diesel and jet fuel) in November, due to multiple factors.

11-01-2024 15:54:57

China’s gasoline prices drop again, diesel prices largely stable

Guangzhou (JLC), October 25, 2024--China’s wholesale gasoline prices dropped again in mid-to-late October, because of continuous falls in international crude prices and tepid demand, while diesel pri

10-25-2024 18:32:33

Domestic gasoline-diesel price spread narrows to over 20-month low

Guangzhou (JLC), October 25, 2024--The spread between domestic gasoline and diesel prices has narrowed sharply this month, hitting a new low of over 20 months on October 24, JLC's data shows.

10-25-2024 14:06:51

China’s daily apparent gasoline consumption rises on month in Sept

Guangzhou (JLC), October 22, 2024--China’s apparent consumption of gasoline increased month on month in September, as Chinese refiners raised their gasoline production moderately in anticipation of re

10-22-2024 15:35:10

China's gasoline exports to major markets slump in Jan-Sept

Guangzhou (JLC), October 21, 2024--China's gasoline exports to its major markets including Singapore, Malaysia and the Philippines plunged in the first nine months of 2024.

10-21-2024 16:15:32

China’s gasoline prices extend losses, diesel prices rally

Guangzhou (JLC), October 18, 2024--China’s wholesale gasoline prices extended losses in the middle of October, due to weaker international crude prices and soft demand, while diesel prices rallied mo

10-18-2024 18:36:43

Sinopec copes with demand shift through refinery upgrade

Guangzhou (JLC), October 17, 2024 –Sinopec highlighted the importance of refinery transformation and upgrade in the face of a changing demand outlook.

10-17-2024 18:34:03

Chinese airlines cut fuel surcharges to lowest since re-imposition

Guangzhou (JLC), October 12, 2024--Chinese airlines have cut their jet fuel surcharges on domestic flights to the lowest level since the country re-imposed the levy on February 5, 2024, following drop

10-12-2024 15:58:40

Chinese oil companies to raise clean product exports in October

Guangzhou (JLC), October 9, 2024--Chinese oil companies plan to raise their exports of clean products (gasoline, diesel and jet fuel) in October, after the release of new quotas in September.

10-09-2024 18:18:50

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