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China's daily crude imports drop 4.91% on month in October

Guangzhou (JLC), November 8, 2024--China's daily crude oil imports fell by 4.91% month on month in October 2024, according to the latest data from the General Administration of Customs of the PRC.

11-08-2024 17:30:46

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China cuts crude imports from major suppliers in September

Guangzhou (JLC), October 21, 2024--China reduced its crude imports from majors suppliers including Russia, Malaysia, Iraq, Angola and Brazil in September, according to data from the GACC.

10-21-2024 11:55:47

China's September crude imports retreat from year high

Guangzhou (JLC), October 14, 2024--China’s crude oil imports retreated in September, after hitting this year’s new high in August, according to data released by the GACC.

10-14-2024 18:17:03

China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), September 25, 2024--Shandong-based independents’ refining margins for imported crude plunged significantly and turned negative in late September, due to higher crude costs and lower s

09-25-2024 17:27:22

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crude costs, despite a fall in

09-12-2024 16:55:03

China’s crude imports rebound to one-year high in August

Guangzhou (JLC), September 10, 2024--China’s crude oil imports rebounded to about 49.10 million mt in August 2024, with the daily imports at 11.56 million barrels, a new high in one year, according to

09-10-2024 15:21:38

Independents unload more imported feedstock in August

Guangzhou (JLC), September 5, 2024--Shandong-based independent refiners unloaded more imported feedstock in August, mainly because of stronger gasoline demand and better crude refining margins.

09-05-2024 17:32:03

China cuts crude imports from major suppliers in July 2024

Guangzhou (JLC), August 20, 2024--China cut its crude imports from major suppliers in July 2024 when the former’s imports hit a 21-month low, according to data from the GACC.

08-20-2024 14:35:15

Independents unload less imported feedstock in July

Guangzhou (JLC), August 9, 2024--Shandong-based independent refiners unloaded less imported feedstock in July, largely due to poorer refining margins.

08-09-2024 16:54:26

China’s July crude imports hit new low in nearly two years

Guangzhou (JLC), August 7, 2024--China’s crude imports in July 2024 plunged to about 42.34 million mt, with the daily imports at 9.97 million barrels, a new low since October 2022, GACC data shows..

08-07-2024 17:36:11

Independents’ refining margins for imported crude double

Guangzhou (JLC), July 31, 2024--Shandong-based independents’ refining margins for imported crude doubled in late July as crude costs extended drops, despite lower sales revenue.

07-31-2024 19:01:33

China raises crude imports from Russia in H1 2024

Guangzhou (JLC), July 23, 2024--China raised its crude imports from Russia in the first half (H1) of 2024, in contrast to a drop in the country’s total crude imports.

07-23-2024 15:57:48

China’s June crude imports grow 2.20% on month

Guangzhou (JLC), July 12, 2024--China’s daily crude imports gained 2.20% month on month in June 2024, according to the latest data from the General Administration of Customs of the PRC (GACC).

07-12-2024 14:54:36

China cuts crude imports from Russia in May

Guangzhou (JLC), June 20, 2024--China reduced its crude imports from Russia in May 2024 when the former’s demand weakened and shipments from the other top five suppliers grew year on year.

06-20-2024 12:07:50

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2024--Shandong-based independents’ refining margins for imported crude plunged in the week to June 19, squeezed by rallying costs and falling sales revenue.

06-19-2024 18:02:03

China’s May crude imports rally 1.63% on month

Guangzhou (JLC), June 7, 2024--China’s crude imports rebounded modestly month on month in May, which could be ascribed to a large drop in international crude prices and a relatively low base in April.

06-07-2024 15:48:49

Yan’an Refinery starts refining imported crude

Guangzhou (JLC), May 14, 2024--Yan’an Refinery under Shaanxi Yangchang Petroleum (Group) started processing imported crude oil on April 30, according to Yangchang Petroleum News.

05-14-2024 15:10:49

China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculation shows, b

05-09-2024 14:59:38

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