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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

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 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

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

PetroChina Guangdong’s jet fuel exports exceed 3.0 mln mt

Guangzhou (JLC), September 14, 2024--PetroChina Guangdong Petrochemical has exported more than 3.0 million mt of jet fuel since its product terminal was put into operation on September 6, 2022, the co

09-14-2024 18:47:31

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

China to cut fuel ceilings on July 26

Guangzhou (JLC), July 25, 2024--China will cut its retail ceilings of gasoline and diesel on July 26, 2024 (Friday), as international crude prices have retreated over the past 10 working days.

07-25-2024 11:54:54

China’s naphtha imports surge 32.7% on year in June

Guangzhou (JLC), July 19, 2024--China imported 1.07 million mt of naphtha in June 2024, a surge of 32.7% from the same month last year, according to data from the General Administration of Customs of

07-19-2024 12:00:35

China’s jet fuel exports surge 43.2% in H1 2024

Guangzhou (JLC), July 18, 2024--China’s jet fuel exports soared 43.2% year on year in the first half of 2024, due to continuously recovering international demand.

07-18-2024 18:14:53

China’s gasoline output climbs in H1 2024

Guangzhou (JLC), July 17, 2024--China’s gasoline production grew in the first half of 2024 due to recovering demand, despite lower crude throughput.

07-17-2024 16:08:07

China’s diesel output hits 22-month low in June

Guangzhou (JLC), July 17, 2024--China’s diesel production hit a 22-month low in June 2024, due to weak demand and plenty of refinery maintenance.

07-17-2024 14:45:18

Sinopec Shanghai Petrochemical turns around in H1 2024

Guangzhou (JLC), July 16, 2024--Sinopec Shanghai Petrochemical estimated its net profit attributable to shareholders for the first half of 2024 at 24.57-36.85 million yuan ($3.44-5.17 million), revers

07-16-2024 17:31:07

PetroChina and Sinopec raise jet fuel ex-refinery prices in July

Guangzhou (JLC), July 1, 2024--PetroChina and Sinopec raised their jet fuel ex-refinery prices by CNY36/mt on July 1, 2024, according to sources from the two companies.

07-01-2024 17:00:01

PetroChina Dushanzi launches bonded jet fuel business

Guangzhou (JLC), June 18, 2024--PetroChina Dushanzi Petrochemical delivered 11,000 mt of jet fuel through pipeline to the bonded warehouse of Urumqi Airport on June 12, 2024, marking the launch of the

06-18-2024 13:55:48

China to cut fuel ceilings on June 14

Guangzhou (JLC), June 13, 2024--China will reduce its retail ceilings of gasoline and diesel on June 14, 2024 (Friday), following a relatively large fall in international crude prices over the past 10

06-13-2024 14:52:22

PetroChina and Sinopec slash jet fuel ex-refinery prices in June

Guangzhou (JLC), June 5, 2024--PetroChina and Sinopec slashed their jet fuel ex-refinery prices by CNY446/mt on June 1, 2024, according to sources from the two companies.

06-05-2024 10:33:48

Chinese airlines to cut fuel surcharges on June 5

Guangzhou (JLC), June 4, 2024--Chinese airlines will cut their jet fuel surcharges on domestic flights for the second time this year on June 5, following drops in jet fuel prices.

06-04-2024 14:49:21

PetroChina distributes more diesel for summer farming

Guangzhou (JLC), May 29, 2024--PetroChina Northeast Sales Company had supplied 1.5 million mt of diesel to the eastern part of China during May 1-21, amid its efforts to ensure diesel supply for three

05-29-2024 17:58:35

China to skip fuel price adjustment on May 30

Guangzhou (JLC), May 29, 2024--China will skip an adjustment to the retail ceilings of gasoline and diesel on May 30, as international crude prices have not changed much in this pricing cycle.

05-29-2024 12:03:57

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

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