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China INE crude price rises again on expected OPEC+ oil exports drop

Guangzhou (JLC), August 22, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday because of the expectation of a further drop in OPEC+

08-22-2023 18:29:59

China’s August fuel oil exports jump year on year

Guangzhou (JLC), September 20, 2022--China recorded a year-on-year leap in its fuel oil exports in August, driven by a yearly rise in the production of low-sulfur fuel oil (LSFO, with the maximum sulf

09-20-2022 18:42:28

China's fuel oil exports surge 32.1% in April

Guangzhou (JLC), May 25, 2021--China’s fuel oil exports soared by 32.1% year on year in April 2021, mostly due to fast development of the country’s bonded bunker market amid support from preferential policies.

05-25-2021 18:10:59

INE crude slips further as Iran to restore oil exports

Guangzhou (JLC), May 21, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) extended losses on Friday, as Iran is expected to resume its oil exports with the lifting of US sanctions, also due to stronger yuan.

05-21-2021 19:16:37

China’s refined oil exports to diverge in August

China is expected to export 1.37 million mt of gasoline in August, up 29.43% year on year, while diesel exports are estimated at 1.1 million mt, a year-on-year drop of 16.60%, JLC’s data shows.

07-28-2020 17:10:51

China’s May refined oil exports dive as overseas demand slumps

China recorded a whopping drop in its oil product exports in May, as overseas demand was still far below the pre-pandemic level, though some countries were easing restrictions against Covid-19 and reopening their economies.

06-08-2020 15:38:01

China cuts quotas for processing-trade refined oil exports

China has reduced the second batch of 2020 quotas for processing-trade refined oil exports, as demand from overseas plunges amid ravaging Covid-19 worldwide, according to industry sources.

05-06-2020 18:08:20

Sinopec ZRCC's Feb refined oil exports surge 69% amid coronavirus

Beijing (JLC), March 25, 2020--Sinopec Zhenhai Refining and Chemical (ZRCC)’s refined oil exports in February surged by 69% from year-ago level to 270,000 mt, according to latest industrial news.

03-25-2020 09:25:44

PetroChina Dagang starts refined oil exports on high stocks

Beijing (JLC), March 24, 2020--PetroChina Dagang Petrochemical shipped a batch of refined oil overseas for the first time on March 18, as it seeks outlets for its refined oil amid the coronavirus outbreak, according to PetroChina.

03-24-2020 17:19:34

China’s refined oil exports to dive on less demand in 2020

China’s refined oil exports are likely to plunge in 2020, because of tumbling demand from the international market amid the spread of the coronavirus worldwide and crashing international prices.

03-16-2020 19:02:45

China boosts quotas for 2020 refined oil exports sharply

Guangzhou (JLC), December 31, 2019--China has set the first batch of quotas for 2020 refined oil exports, permitting 28 million mt of exports, a surge of about 6.51 million mt or 30.3% from the same batch for 2019, according to a document from the country's Ministry of Commerce.

12-31-2019 13:52:57

China's fuel oil exports more than tripled in November

In November, 2019, the total import fuel oil of China was 1,058,000 mt, up 12.03% month on month, and the total export was 1,608,800 mt in the same period, up 231.93% mt month on month, according to the data from the General Administration of Customs of China.

12-30-2019 16:39:11

Guangxi Petchem to cut refined oil exports by 11.8% in December

Guangzhou (JLC), December 6, 2019--PetroChina Guangxi Petrochemical in south China plans to export a combination of 328,000 mt of refined oil, a drop of 44,000 mt or 11.8% from November, according to a source from the company.

12-06-2019 20:02:36

China fuel oil exports slump 51.9% in October

Beijing (JLC), November 27, 2019--China exported 484,688 mt of fuel oil in October 2019, a slump of 51.9% from the previous month, according to data from the country’s General Administration of Customs (GAC).

11-27-2019 09:58:01

China refined oil exports soar in September

Beijing (JLC), October 23, 2019--China refined oil exports soared to 4.65 million mt in September, up 8.68% from a month earlier and 68.88% from a year earlier, according to the data released by the General Administration of Customs of China.

10-23-2019 15:49:18

China's crude imports up, net refined oil exports halve in August

Beijing (JLC), September 11, 2019--China’s crude imports increased to 42.17 million mt or 9.77 million bbl/day in August, hitting a new high since April, data from the General Administration of Customs (GAC) shows.

09-11-2019 17:44:37

Guangxi Petrochemical to cut August refined oil exports by 25.6%

Guangzhou (JLC), August 19, 2019--PetroChina Guangxi Petrochemical plans to export 215,000 mt of refined oil in August, a drop of 74,000 mt or 25.6% month on month, according to a source from the company.

08-19-2019 17:00:13

China issues 2nd-batch quotas for processing-trade oil exports

Guangzhou (JLC), May 22, 2019--China has issued the second batch of 2019 quotas for refined oil exports by processing trade, allowing 4.71 million mt of exports, according to an industry source.

05-22-2019 15:20:20

China issues 2nd-batch quotas for refined oil exports in 2019

Guangzhou (JLC), May 17, 2019--China has issued this year's second batch of quotas for general-trade refined oil exports, according to an industry source.

05-17-2019 09:39:11

China's refined oil exports rise 9.2% in February

China exported 3.81 million mt of refined oil in February 2019, a rise of 322,000 mt or 9.2% year on year, according to data from the General Administration of Customs (GAC).

03-11-2019 16:21:35

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