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Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

New quotas to allow relatively high oil product exports in Q4

Guangzhou (JLC), September 23, 2024--The recent release of China’s third batch of quotas on clean oil products will enable Chinese oil companies to have relatively high exports in Q4.

09-23-2024 18:16:39

China releases 3rd-batch 2024 quotas on oil product exports

Guangzhou (JLC), September 20, 2024--China has released the third batch of 2024 quotas on the exports of clean oil products (gasoline, diesel and jet fuel), setting the quotas at 8.0 million mt.

09-20-2024 14:38:29

China releases 2nd-batch 2024 quotas on oil product exports

Guangzhou (JLC), May 7, 2024--China has released the second batch of 2024 quotas on the exports of oil products (gasoline, diesel and jet fuel), setting the quotas at 14.0 million mt.

05-07-2024 11:56:17

China’s LSFO output leaps in January amid fresh quotas

Guangzhou (JLC), February 19, 2024--Chinese refiners boosted their low-sulfur fuel oil (LSFO) production in January, encouraged by the release of new export quotas.

02-19-2024 19:06:05

Independents unload more imported cargoes amid new quotas

Guangzhou (JLC), January 12, 2024--Shandong-based independent refiners and traders have unloaded more imported feedstock so far this month, as they increased purchases at the end of 2023 amid expectat

01-12-2024 16:18:18

China releases quotas on 2024 crude imports

Guangzhou (JLC), January 2, 2024--China has released the second batch of non-state crude import quotas for 2024, permitting 179.01 million mt of crude imports.

01-02-2024 12:11:27

China keeps 1st-batch 2024 quotas on oil product exports largely stable

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of oil products (gasoline, diesel and jet fuel), setting the quotas at 19.0 million mt.

12-29-2023 16:15:43

China releases 1st-batch 2024 quotas on LSFO exports

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of low-sulfur fuel oil, setting the quotas at 8.0 million mt.

12-29-2023 16:00:01

China raises fuel oil import quotas for 2024

Guangzhou (JLC), December 26, 2023--China has increased its quotas on non-state fuel oil imports for 2024, due to recovering demand.

12-26-2023 21:06:35

China releases fourth batch of crude import quotas for 2023

Guangzhou (JLC), October 7, 2023--China has released this year's fourth batch of quotas on non-state crude oil imports, permitting 9.54 mln mt of imports, according to official sources.

10-07-2023 15:47:58

China releases third-batch export quotas on oil products

Guangzhou (JLC), September 1, 2023 – China has released this year’s 3rd batch of export quotas on oil products (gasoline, diesel and jet fuel), permitting another 12 mln mt of exports.

09-01-2023 11:08:39

Chinese refiners to use 88.5% of their oil product quotas by end of August

Guangzhou (JLC), August 25, 2023--Chinese refiners are expected to use about 88.5% of their first two batches of oil product export quotas before the end of August 2023.

08-25-2023 17:42:09

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this round.

08-11-2023 18:19:40

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

China sees lower utilization of LSFO export quotas in H1 2023

Guangzhou (JLC), July 18, 2023--China saw lower utilization of its low-sulfur fuel oil (LSFO) export quotas in the first half (H1) of this year, owing to a boost in the quotas and a slowdown in domes

07-18-2023 18:32:10

China issues another batch of crude quotas for 2023

Guangzhou (JLC), June 14, 2023--China has issued this year’s third batch of quotas on non-state crude imports for 2023, granting quotas on 62.28 mln mt of crude imports.

06-14-2023 11:43:16

Jan-Apr sees higher utilization of non-state import quotas for fuel oil

Guangzhou (JLC), May 25, 2023 – Ports in Shandong and Tianjin have seen a surge in fuel oil imports intended as feedstock by independent refiners and traders during January and April.

05-25-2023 18:55:50

New quotas may offer little support to domestic oil product market

Guangzhou (JLC), May 15, 2023 – China has released the second batch of 2023 quotas on the exports of oil products (gasoline, diesel and jet fuel).

05-15-2023 18:58:57

China releases 2nd-batch 2023 quotas on LSFO exports

Guangzhou (JLC), May 12, 2023 – China has released the second batch of 2023 quotas on the exports of low-sulfur fuel oil (LSFO), according to official sources.

05-12-2023 18:05:00

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