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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

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

Independents’ refining margins rally on stronger oil products

Guangzhou (JLC), April 19, 2023--Shandong-based independents’ crude refining margins rallied in the week to April 19, boosted by stronger product prices, despite a further increase in crude costs.

04-19-2023 18:24:20

Guangdong Petrochemical makes first sale of oil products

Guangzhou (JLC), February 9, 2023--PetroChina Guangdong Petrochemical made its first sale of oil products to the South China market recently, PetroChina said on its news website.

02-09-2023 15:06:53

CCTV interviews JLC about China oil products price adjustment

CCTV interviewed JLC again on November 21 after the NDRC of the country announced cuts in the retail ceilings of gasoline and diesel on the day.

11-23-2022 17:46:12

Shenghong to presell oil products in early September

Guangzhou (JLC), August 26, 2022--Shenghong Refining and Chemical plans to presell its oil products in early September.

08-26-2022 18:15:09

China oil products prices rebound on good market fundamentals

China oil products prices rose rapidly from last Friday on the back of bullish demand expectations and an atmosphere of tightening supply.

08-17-2022 18:09:18

China oil products prices unlikely to find upward steam

Beijing (JLC), July 29, 2022--China oil products prices extended drops in the week ending July 28 on bearish crude and dim demand.

07-29-2022 17:59:23

China retail-wholesale spread of oil products widens sharply

China’s retail-wholesale price spread of oil products widened sharply last week, as wholesale prices failed to rise at the same pace with retail prices amid resistance to the already high-level price.

06-20-2022 12:06:22

China oil products export margins soar as Singapore prices rise

Beijing (JLC), May 18, 2022--The export margins for shipping gasoline and diesel from South China to Singapore rose sharply in the first half of May, as oil products prices in Singapore went up.

05-18-2022 18:51:25

China oil products prices weaken restricted by demand

Beijing (JLC), April 28, 2022--Domestic oil products prices weakened again this week as gasoline and diesel demand was dampened due to the severe pandemic around China, despite bullish crude.

04-28-2022 14:04:55

Intra-Northwest China oil products arbitrage mixed in late Apr

Arbitrage margins for moving oil products from independent refineries in Shaanxi to state-controlled marketing companies in Northwest China mixed recently.

04-26-2022 17:19:00

China oil products prices rebound on bullish factors

Beijing (JLC), April 20, 2022--China’s oil products prices have been rising slightly since the beginning of this week on rising crude and good demand forecast driven by multiple bullish factors.

04-20-2022 15:55:39

China oil products import margins lower on weak domestic price

The import margins for shipping gasoline and diesel from Singapore to South China dropped further in H1 April, as oil products prices in South China moved down while those in Singapore moved up.

04-18-2022 17:01:50

China oil products prices remain weak despite coming price hike

Domestic oil products prices remained weak in recent days as the demand was hit hard by the resurgence of the COVID-19, though China is expected to raise fuel prices soon.

03-31-2022 16:15:45

China oil products prices drop with international crude plunging

Beijing (JLC), November 30, 2021--China oil products prices moved down on the first day of the week following hard on the heels of plunges in international crude prices last Friday.

11-30-2021 17:51:19

China oil products prices fall on bearish crude

Beijing (JLC), November 23, 2021--China’s oil products prices declined recently affected by downward prices of international crude on the resurgence of COVID-19 and possible release of crude reserves by the US.

11-23-2021 17:54:12

China oil products prices rebound despite bearish crude

Beijing (JLC), November 17, 2021--Oil products prices at Shandong-based independent refineries and some state-controlled marketing companies of China rebounded lately, despite a bearish international crude market.

11-17-2021 18:05:44

China oil products prices rise to prices ceilings

Beijing (JLC), October 27, 2021--China’s oil products prices continued rising to the prices ceilings in the second half of October amid continuing gains in international crude prices and lasting tight supply amid improving demand.

10-27-2021 17:55:49

Sinopec, PetroChina strengthen measures to ensure oil products supply

Beijing (JLC), October 27, 2021--As domestic oil products supply tightened and their prices rose continuously amid China’s power rationing and global energy shortage, China state-controlled oil giants have strengthened measures to ensure oil products supply and stabilize the price.

10-27-2021 15:46:55

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