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China boosts crude imports from Russia sharply in Jan-Feb 2024

Guangzhou (JLC), March 22, 2024--China hiked its imports of Russian crude by 13.06% on year in the first two months of 2024, compared with an increase of 5.07% in the former’s total crude imports.

03-22-2024 15:09:06

Feedstock unloading for Shandong independents rally in February

Guangzhou (JLC), March 8, 2024 – Feedstock unloading for Shandong independents rallied in February, as local independent refiners boosted purchase after the release of this year’s crude quotas.

03-08-2024 15:34:59

China's crude imports in Jan-Feb 2024 grow 3.30% on year

Guangzhou (JLC), March 7, 2024--China imported about 88.31 million mt of crude oil in the first two months of 2024, with the daily imports at roughly 10.74 million barrels a day, up 3.30% on year.

03-07-2024 16:04:08

Shandong independents' February run rates fall for fifth month straight

Guangzhou (JLC), March 5, 2024--Shandong-based independent refiners' operating rates dropped for a fifth consecutive month in February, mainly because of rising costs and declining margins.

03-05-2024 16:34:06

State-owned refineries' run rates rise in February

Guangzhou (JLC), March 5, 2024--Chinese state-owned oil companies raised their refinery operating rates in February on account of robust gasoline and jet fuel consumption.

03-05-2024 16:32:55

Sinopec and PetroChina continue to raise crude runs in February

Guangzhou (JLC), March 5, 2024--Sinopec and PetroChina continued to lift their crude throughput in February in view of growing gasoline and jet fuel demand.

03-05-2024 16:31:42

China boosts crude imports from Russia sharply in Jan-Feb 2023

Guangzhou (JLC), March 20, 2023 –China boosted its crude imports from Russia sharply in the first two months of 2023, which was ascribed to discounts on Russian grades.

03-20-2023 18:47:07

PetroChina and Sinopec boost February crude runs on growing fuel demand

Guangzhou (JLC), March 6, 2023—Sinopec and PetroChina raised their crude runs in February 2022, in view of recovering domestic fuel demand and bright market prospects.

03-06-2023 11:28:20

Shandong independents’ run rates still rise in February

Guangzhou (JLC), March 3, 2023--Shandong-based independent refiners’ operating rates continued to rise in February, still supported by recovering fuel demand and better refining margins.

03-03-2023 16:54:34

State-owned refiners raise February run rates on recovering demand

Guangzhou (JLC), March 3, 2023--Chinese state-owned oil companies raised their refinery operating rates in February 2022 when domestic fuel demand was recovering and market prospects brightened.

03-03-2023 14:11:17

State-owned oil refineries maintain steady run rates in late February

Guangzhou (JLC), February 24, 2023--State-owned oil companies continued to operate their refineries at 83.07% of capacity on average in the week to February 22 (Wednesday), JLC's data shows.

02-24-2023 15:56:05

China to hike crude imports in February

Guangzhou (JLC), February 23, 2023--Chinese refiners are projected to boost their crude imports sharply in February, because of growing consumption from newly-built refining units and a recovery in fu

02-23-2023 18:03:10

Shandong independents’ crude imports grow in H1 Feb

Guangzhou (JLC), February 16, 2023--Shandong-based independent refiners and traders received more imported feedstocks in the first half of February, as JLC had expected.

02-16-2023 19:31:16

Shandong independents’ crude refining margins retreat in mid-Feb

Guangzhou (JLC), February 15, 2023--Shandong-based independents’ crude refining margins rolled back in mid-February, as crude costs rallied and downstream product prices inched lower.

02-15-2023 19:15:08

China's crude imports drop 4.9% in Jan-Feb 2022

Guangzhou (JLC), March 7, 2022--China’s crude imports in the first two months of 2022 declined 4.9% year on year, according to data released by the General Administration of Customs (GAC) on March 7.

03-07-2022 15:30:08

Shandong independents boost crude imports from UAE in Feb

Guangzhou (JLC), March 4, 2022--Shandong independent refiners have sharply boosted February crude imports from the UAE, JLC’s preliminary shipping fixtures indicate.

03-04-2022 11:27:55

State-run refineries’ February operating rates rebound on stronger demand

March 2, 2022--Chinese state-run refineries’ operating rates rebounded sharply in February when gasoline demand was strong and independent refiners’ production fell.

03-02-2022 14:23:04

Sinopec, PetroChina boost Feb crude runs on stronger gasoline demand

Guangzhou (JLC), March 2, 2022--Sinopec and PetroChina hiked their crude throughput in February when gasoline demand was strong around the Chinese New Year, also because supply from independent refine

03-02-2022 11:41:30

State-run refineries' operating rates stable in late February

Guangzhou (JLC), February 25, 2022--Chinese state-run refineries’ operating rates stayed flat in the week to February 23 when no crude distillation units (CDUs) were shut or restarted.

02-25-2022 14:59:15

Shandong independents boost crude imports from Angola, Brazil in early Feb

Guangzhou (JLC), February 10, 2022--The arrivals of imported feedstock from Angola and Brazil at Shandong ports for independent refiners and traders surged month on month in early February, JLC’s ship

02-10-2022 16:19:27

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