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China INE crude price edges up after China vows more fiscal support

Guangzhou (JLC), December 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased slightly on Thursday after the country pledged a more proactive fiscal

12-26-2024 18:36:42

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

China's foreign trade grows 4.9% in first 11 months

Guangzhou (JLC), December 10, 2024 – China’s total value of imports and exports of goods grew 4.9% year on year to 39.79 trillion yuan in January-November.

12-10-2024 16:55:34

China’s oil product exports surge in Nov before VAT rebate cuts

Guangzhou (JLC), December 10, 2024--Chinese oil companies’ oil product exports rebounded significantly in November, as they had revised up their export plans before a cut in value-added tax (VAT) reba

12-10-2024 15:10:02

Singapore’s bunker fuel sales rebound in October

Guangzhou (JLC), December 2, 2024--Singapore’s bunker fuel sales rebounded sharply in October, bolstered by more ship arrivals.

12-02-2024 18:49:50

China’s first offshore gas storage officially comes online

Beijing (JLC), November 28, 2024--Nanpu-1, China’s first offshore gas storage facility, officially started operation on November 26, its owner PetroChina Jidong Oilfield announced on official WeChat a

11-28-2024 17:53:54

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

China INE crude price dips after EIA raises global oil supply forecast

Guangzhou (JLC), November 14, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after the Energy Information Administration (EIA) upgraded

11-14-2024 18:26:12

China's foreign trade grows 5.2% in first 10 months

Guangzhou (JLC), November 11, 2024--China's foreign trade grew 5.2% year on year to 36.02 trillion yuan (5.03 trillion US dollars) in the first 10 months of 2024, according to the GACC.

11-11-2024 15:21:22

Shandong independents unload more feedstock in October

Guangzhou (JLC), November 8, 2024--Shandong-based independent refiners unloaded more imported feedstock in October, as their consumption increased amid unit restarts and growing gasoline demand.

11-08-2024 14:21:04

Singapore’s bunker fuel sales drop again in September

Guangzhou (JLC), October 22, 2024--Singapore’s bunker fuel sales dropped again in September, as ship arrivals decreased to a 19-month low.

10-22-2024 18:36:57

China's foreign trade hits new high in first three quarters

Guangzhou (JLC), October 15, 2024--China's foreign trade reached a historical high in the first three quarters of 2024, according to the latest data from the GACC.

10-15-2024 17:28:50

Chinese SOEs to cut October crude runs on more maintenance

Guangzhou (JLC), October 8, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in October, because of more refinery maintenance when supply is abundant.

10-08-2024 18:36:44

Singapore’s bunker fuel sales fall in August

Guangzhou (JLC), September 25, 2024--Singapore’s bunker fuel sales fell in August, because of a decrease in ship arrivals and rising premiums for LSFO.

09-25-2024 18:55:08

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), September 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in mid-to-late September, because of more cargo unloading, despite faster consumption

09-19-2024 19:12:08

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

JLC concludes 12th Singapore Oil Seminar

Guangzhou (JLC), September 10, 2024 – JLC successfully wrapped up its 12th Singapore Oil Seminar on September 10, with well-received presentations and in-depth discussions.

09-10-2024 21:28:05

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

State-owned refinery run rates dragged down by more maintenance

Beijing (JLC), August 30, 2024--Chinese state-owned oil refineries' run rates slipped in the week to August 28, 2024 (Wednesday) amid more refinery maintenance, JLC’s data shows.

08-30-2024 10:44:17

Singapore’s bunker fuel sales rally in July

Guangzhou (JLC), August 28, 2024--Singapore’s bunker fuel sales rallied in July, due to a rise in ship arrivals and bunkering demand.

08-28-2024 15:57:54

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