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China’s crude imports drop 3.43% in first two months

Guangzhou (JLC), March 7, 2025--China imported a total of about 83.85 million mt of crude oil in the first two months of 2025, down 4.45 million mt from the corresponding months in 2024.

03-07-2025 12:39:22

Crude imports at Quanzhou Port up 31.5% in first 50 days of 2025

Guangzhou (JLC), February 20, 2025--Quanzhou Port in Fujian Province received a total of around 3.33 million mt of crude oil in the first 50 days of 2025, an upsurge of 31.5% from the same period of t

02-20-2025 15:29:32

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China's 2024 crude imports retreat from record high

Guangzhou (JLC), January 13, 2025--China's crude oil imports retreated in 2024, after setting a record high in 2023, according to the latest data released by the GACC on Monday.

01-13-2025 16:05:33

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

China to hike customs duties on imported fuel oil in 2025

Guangzhou (JLC), December 30, 2024--China will hike the temporary customs duties on imported fuel oil to 3% in 2025, up from 1%, according to a notice released by a State Council committee.

12-30-2024 18:07:41

China's crude imports rebound to 15-month high in November

Guangzhou (JLC), December 10, 2024--China's crude imports rebounded sharply to a 15-month high in November 2024, which could be ascribed to lower prices in September when orders were placed.

12-10-2024 14:44:36

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

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