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State-owned refinery run rates edge up in early March

Beijing (JLC), March 7, 2025--Chinese state-owned oil refineries' run rates increased slightly in the week to March 5 (Wednesday), JLC’s data shows.

03-07-2025 16:20:05

Chinese oil companies to boost gasoline exports in March

Guangzhou (JLC), March 6, 2025--Chinese oil companies plan to boost their gasoline exports in March 2025 as domestic demand weakens after the Spring Festival travel rush.

03-06-2025 15:53:07

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

Chinese SOEs to cut March crude runs on refinery maintenance

Guangzhou (JLC), March 4, 2025--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in March 2025, when several Sinopec refineries come under maintenance.

03-04-2025 16:39:02

Domestic oil product output to drop in March, demand to diverge

Guangzhou (JLC), March 3, 2025--Chinese refiners are likely to cut their output of gasoline, diesel and jet fuel in March 2025, because of more refinery maintenance, while fuel demand diverges.

03-03-2025 16:49:20

Independents’ crude refining margins slip further

Guangzhou (JLC), February 27, 2025--Shandong-based independents’ crude refining margins slipped further in late February, squeezed by falling sales revenue, despite slightly lower costs.

02-27-2025 11:40:30

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

Construction of Shandong Marine Energy’s first LNG carrier starts

Shandong (JLC), February 18, 2025--On February 13, Jiangnan Shipyard (Group) Co., Ltd. kicked off the construction of a 175,000-cbm LNG carrier, LNG JUMBO, in Shanghai.

02-18-2025 10:49:27

China’s PC market moves sideways and then goes range-bound in Q1

Shandong (JLC), February 13, 2025—From 2022 to 2024, China’s PC market indicated limited changes in the first quarter. It moved sideways from January to mid-February and went range-bound from late Feb

02-13-2025 16:41:35

Independents’ crude refining margins soar in mid-Feb

Guangzhou (JLC), February 13, 2025--Shandong-based independents’ crude refining margins soared rapidly in mid-February, driven by declines in crude costs and increases in their sales revenue.

02-13-2025 14:19:06

Independents’ refining margins for imported crude rebound

Guangzhou (JLC), February 6, 2025--Shandong-based independents’ refining margins for imported crude rebounded in early February, due to a decline in crude costs.

02-06-2025 16:27:13

Independents’ crude refining margins turn negative again

Guangzhou (JLC), January 23, 2025--Shandong-based independents’ crude refining margins turned negative again in the week to January 22, as crude costs extended rises and sales revenue decreased.

01-23-2025 11:31:53

China exports gasoline to fewer markets in 2024

Guangzhou (JLC), January 21, 2025--Chinese oil companies exported gasoline to only 16 markets in 2024, down from 21 in 2023, according to data from the GACC.

01-21-2025 15:56:53

Philippines still China’s biggest diesel export market in 2024

Guangzhou (JLC), January 21, 2025--The Philippines was still the biggest diesel export market for China in 2024, though its imports from the latter declined by 19.22%.

01-21-2025 14:55:25

PE market gets less support from agricultural film market

01-16-2025 16:12:40

Independents’ crude refining margins surge in mid-Jan

Guangzhou (JLC), January 15, 2025--Shandong-based independents’ crude refining margins surged in mid-January, buoyed by a rapid increase in sales revenue, despite a rise in crude costs.

01-15-2025 18:31:54

OX market prices go higher on rising feedstock, warmer demand

Shandong (JLC), January 14, 2025--China OX market prices went higher in early January, largely driving up by rising feedstock prices and warmer demand.

01-15-2025 09:19:24

Hydrogenated benzene downstream plants’ margins fall on high costs

Shandong (JLC), January 10, 2025—China hydrogenated benzene downstream producers’ margins declined due to heavy cost pressure.

01-10-2025 16:12:05

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), January 9, 2025--Shandong-based independents’ refining margins for imported crude turned negative in the week to January 8, dampened by rising crude costs.

01-09-2025 14:27:43

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