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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

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

China unveils more details on truck subsidies

Guangzhou (JLC), August 5, 2024 – The Ministry of Transport and the Ministry of Finance jointly released on July 30 a new notice that provided more details on truck scrapping and replacement subsidies

08-05-2024 18:28:44

Singapore takes larger share among China’s gasoline exports in H1 2024

Guangzhou (JLC), July 23, 2024--Singapore took a large share among China’s gasoline export markets in the first half of 2024, according to data from the GACC.

07-23-2024 16:50:47

China exports jet fuel to more markets in Jan-May 2024

Guangzhou (JLC), June 20, 2024--China exported jet fuel to more countries and regions in the first five months of 2024 than a year before, as the country's exports surged amid growing demand from over

06-20-2024 17:48:39

Singapore takes 74.14% of China’s gasoline exports in first five months

Guangzhou (JLC), June 20, 2024--Singapore imported about 2.96 million mt of gasoline from China in the first five months of 2024, which accounted for 74.14% of the latter's gasoline exports.

06-20-2024 15:58:06

PetroChina Int'l completes offshore-yuan-settled bio-jet fuel sale

Guangzhou (JLC), June 14, 2024 – PetroChina International has recently sold a bio-jet fuel cargo to KLM Royal Dutch Airlines and successfully settled the deal in offshore Chinese yuan.

06-14-2024 17:20:58

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

Singapore still China’s biggest gasoline export market in Jan-Nov

Guangzhou (JLC), December 22, 2023--Singapore remained China's largest gasoline export market in January-November 2023, according to the latest GACC data.

12-22-2023 11:43:35

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 likely to release more export quotas for oil products soon

Guangzhou (JLC), August 9, 2023 – China is likely to release the 3rd batch of export quotas for oil products in the coming days, as qualified exporters are running out of quotas.

08-09-2023 17:52:20

Singapore takes 60% of China’s gasoline exports in H1 2023

Guangzhou (JLC), July 20, 2023--Singapore remained China’s biggest gasoline export market in the first half (H1) of 2023, taking about 60% of the latter’s exports.

07-20-2023 17:54:12

Passenger cars consume 26% more fuel with AC on: research

Guangzhou (JLC), June 21, 2023 – A passenger vehicle may consume 26~30% more fuel when the air condition system stays on during the summer season.

06-21-2023 16:50:09

Import arbitrage narrows as Singapore gasoline and diesel strengthens

Guangzhou (JLC), June 16, 2023 – As Singapore gasoline and diesel prices strengthened mildly in H1 June, import and export arbitrage showed a mixed picture in south China.

06-16-2023 17:02:32

Domestic gasoline demand to grow on more travel in January

Guangzhou (JLC), January 4, 2023--Domestic gasoline demand will grow significantly in January 2023, because of increasing travel around the Chinese New Year.

01-04-2023 11:47:38

Margins at China MTBE units rise in Nov amid more exports

Margins for MTBE production in China moved up in Nov 2022, as the export arbitrage window opened, which helped to ease supply overhang due to the COVID-19 resurgence and thus drove up MTBE prices.

11-11-2022 14:12:58

China MTBE market gains more ground amid speculation

Guangzhou (JLC), August 17, 2022--China’s MTBE market extended gains early this week, on the strength of intense speculation fueled by rising gasoline prices and some forces from the policy side.

08-17-2022 16:20:46

PetroChina Daqing resumes gasoline export to Singapore

Carried by oil tanker Fuzerana, 35,000 mt of PetroChina Daqing Petrochemical’s GB-VI 92-Ron motor gasoline left Dalian New Port on May 24.

06-02-2022 19:56:10

Singapore becomes China’s top gasoline export market in Apr

Singapore climbed from second to first in April by boosting its gasoline imports from China to 356,700 mt, a jump of 39.8% month on month despite a plunge of 43.2% year on year, according to data from

05-26-2022 18:58:34

China oil products export margins soar as Singapore prices rise

Beijing (JLC), May 18, 2022--The export margins for shipping gasoline and diesel from South China to Singapore rose sharply in the first half of May, as oil products prices in Singapore went up.

05-18-2022 18:51:25

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