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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

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

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

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

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

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

China to trim fuel ceilings on November 7

Guangzhou (JLC), November 6, 2024--China will cut its retail ceilings of gasoline and diesel on November 7, 2024 (Thursday), after two consecutive price hikes, as international crude prices have retre

11-06-2024 14:06:19

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

Sinopec Hunan Petrochemical to trial new reformer by Q1 2025

Guangzhou (JLC), November 1, 2024--Sinopec Hunan Petrochemical aims to start trialing a new 1.0 million mt/yr continuous reformer by the first quarter of 2025, the company said last month.

11-01-2024 18:33:30

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

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 to raise fuel ceilings on October 24, second time in a row

Guangzhou (JLC), October 23, 2024--China will raise its retail ceilings of gasoline and diesel on October 24, 2024 (Thursday), the second time in a row, as crude prices have gone up.

10-23-2024 11:40:03

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

Domestic diesel demand grows in September, but still relatively weak

Guangzhou (JLC), October 14, 2024--Domestic diesel demand grew on a month-on-month comparison in September which used to be a strong month for diesel consumption, but was still relatively weak.

10-14-2024 17:23:22

China to raise fuel ceilings on October 11, first time in three months

Guangzhou (JLC), October 10, 2024--China will raise its retail ceilings of gasoline and diesel on October 11, 2024 (Friday), as crude prices have rallied over the past 10 working days.

10-10-2024 11:18:32

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

Chinese SOEs to cut October crude runs on more maintenance

Guangzhou (JLC), October 8, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in October, because of more refinery maintenance when supply is abundant.

10-08-2024 18:36:44

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