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China releases first batch of quotas on 2025 oil product exports

Guangzhou (JLC), December 25, 2024--China has released its first batch of 2025 quotas on the exports of clean oil products (gasoline, diesel and jet fuel), setting the quotas at 19 million mt.

12-25-2024 17:01:40

China's naphtha imports hit 28-month low in November

Guangzhou (JLC), December 24, 2024--China's naphtha imports tumbled to a 28-month low in November 2024, according to data from the General Administration of Customs of the PRC (GACC).

12-24-2024 16:47:50

PetroChina Liaoyang raises low-pour-point diesel output

Guangzhou (JLC), December 12, 2024 – PetroChina Liaoyang Petrochemical has increased its low-pour-point diesel production to meet surging demand for the fuel during winter,

12-12-2024 18:49:04

China’s oil product exports surge in Nov before VAT rebate cuts

Guangzhou (JLC), December 10, 2024--Chinese oil companies’ oil product exports rebounded significantly in November, as they had revised up their export plans before a cut in value-added tax (VAT) reba

12-10-2024 15:10:02

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 naphtha imports surge 20.46% on year in October

Guangzhou (JLC), November 18, 2024--China's naphtha imports soared by 20.46% year on year in October 2024, according to the latest data released by the General Administration of Customs of the PCR.

11-18-2024 17:22:16

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

China's oil product exports plunge in October

Guangzhou (JLC), November 10, 2024--Chinese companies' oil product exports plunged in October, which could be ascribed to short quotas towards the end of the year.

11-10-2024 15:09:21

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 cuts diesel exports to most markets in Jan-Sept

Guangzhou (JLC), October 21, 2024--Chinese oil companies reduced their diesel exports to most markets in the first nine months of 2024 when export margins were bad and China rationed its exports

10-21-2024 17:51:40

China's jet fuel exports to Indonesia surge over 11 times in Jan-Sept

Guangzhou (JLC), October 21, 2024--China's jet fuel exports to Indonesia soared by 1,081% year on year in the first nine months of 2024, indicating rapidly growing demand from the latter.

10-21-2024 17:24:41

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 September naphtha imports retreat from one-year high

Guangzhou (JLC), October 18, 2024--China's naphtha imports slumped in September 2024, after hitting a one-year high in August.

10-18-2024 18:05:34

China's oil product exports drop on year in September

Guangzhou (JLC), October 14, 2024--Chinese companies' oil product exports fell year on year in September 2024 amid poor export margins.

10-14-2024 18:46:26

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

China’s jet fuel exports to Australia almost double in Jan-Aug

Guangzhou (JLC), September 26, 2024--China’s jet fuel exports to Australia surged to about 1.14 million mt in the first eight months of 2024, up 96.32% year on year, according to GACC data.

09-26-2024 18:07:24

China's gasoline exports to most countries plunge in Jan-Aug

Guangzhou (JLC), September 26, 2024--China’s gasoline exports to most countries and regions plunged in the first eight months of 2024 when its total exports slumped, according to GACC data.

09-26-2024 16:32:53

New quotas to allow relatively high oil product exports in Q4

Guangzhou (JLC), September 23, 2024--The recent release of China’s third batch of quotas on clean oil products will enable Chinese oil companies to have relatively high exports in Q4.

09-23-2024 18:16:39

China releases 3rd-batch 2024 quotas on oil product exports

Guangzhou (JLC), September 20, 2024--China has released the third batch of 2024 quotas on the exports of clean oil products (gasoline, diesel and jet fuel), setting the quotas at 8.0 million mt.

09-20-2024 14:38:29

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