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Domestic-trade bunker fuel supply hits 8-month high in Aug

Guangzhou (JLC), September 27, 2023--Domestic-trade bunker fuel supply continued to increase in August, reaching an eight-month high.

09-27-2023 16:04:06

Alternative feedstock imports shrink in August

Guangzhou (JLC), September 27, 2023 – China saw fewer alternative feedstock arrivals in August, mainly due to poor margins amid higher costs.

09-27-2023 15:13:29

China INE crude price slips again after Russia eases fuel export ban

Guangzhou (JLC), September 26, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday after Russia eased its temporary ban on fuel exports.

09-26-2023 18:36:51

Qilu Petchem turns losses into gains in first eight months

Guangzhou (JLC), September 26, 2023--Sinopec Qilu Petrochemical reversed its losses in the first eight months of 2023, the company reported on its official website on September 25.

09-26-2023 18:35:09

China sees a drop in its August bonded bunker fuel imports

Guangzhou (JLC), September 26, 2023--China’s bonded bunker fuel imports dropped in August, as import costs surged and domestic fuel oil production sped up.

09-26-2023 18:28:18

China’s bonded bunker fuel exports rally in August

Guangzhou (JLC), September 26, 2023--China’s bonded bunker fuel exports rallied modestly in August, mainly due to a slight increase in domestic fuel oil output.

09-26-2023 18:27:26

Chinese refiners to keep oil product exports high in October

Guangzhou (JLC), September 26, 2023--Chinese oil companies plan to keep their exports of oil products (gasoline, diesel and jet fuel) high in October, despite a month-on-month decline.

09-26-2023 16:27:51

CNOOC brings two more oilfields on stream

Guangzhou (JLC), September 26, 2023--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at Lufeng 12-3 Oilfield Development Project and Bozhong 28-2 S

09-26-2023 15:07:41

Domestic fuel prices to stay high in late September

Guangzhou (JLC), September 25, 2023--China's fuel prices are expected to remain high in the last week of September, likely to be shored up by strong crude prices and firm domestic fuel demand.

09-25-2023 19:06:37

China INE crude price dips on weak eurozone PMI data

Guangzhou (JLC), September 25, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Monday as weak Purchasing Managers’ Index (PMI) data from

09-25-2023 18:46:12

CNOOC completes all drilling operations in Kenli 6-1 oilfield

Guangzhou (JLC), September 25, 2023--China National Offshore Oil Corporation (CNOOC) completed all drilling operations in the Kenli 6-1 oilfield on September 24, according to China News Service.

09-25-2023 16:24:47

Domestic fuel prices up on stronger crude

Guangzhou (JLC), September 22, 2023--Domestic gasoline and diesel prices went up in the week to September 22, in tandem with rising international crude, also because of a hike in China’s fuel retail

09-22-2023 19:03:38

China INE crude price rallies on growing supply concerns

Guangzhou (JLC), September 22, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, as a Russian ban on fuel exports added to supply concerns.

09-22-2023 18:28:18

Independents see more feedstock imports over past weeks

Guangzhou (JLC), September 22, 2023--Shandong-based independent refiners and traders have seen more arrivals of imported feedstock so far this month, because of new import quotas and an expectation o

09-22-2023 13:51:02

China's August apparent kerosene consumption rises further

Guangzhou (JLC), September 21, 2023--China's apparent consumption of kerosene moved higher in August 2023, as domestic output hit an all-time high and imports rebounded sharply.

09-21-2023 18:58:40

State-owned refinery run rates drop due to maintenance

Guangzhou (JLC), September 21, 2023 – State-owned oil refineries' run rates dropped in the week to September 20 (Wednesday), as a PetroChina refinery began to enter maintenance.

09-21-2023 18:56:57

China INE crude price slips further on profit taking

Guangzhou (JLC), September 21, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Thursday, following a drop in international crude prices driven

09-21-2023 18:46:39

Crude stocks at Shandong ports fall as consumption grows

Guangzhou (JLC), September 21, 2023--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined again in the week to September 21 as consumption sped up.

09-21-2023 18:39:33

China’s apparent consumption of diesel rises in August

Guangzhou (JLC), September 21, 2023 – China’s apparent consumption of diesel rallied in August, as output increased on record high crude runs, although exports expanded due to better margins.

09-21-2023 18:13:32

China's apparent consumption of gasoline hits all-time high in August

Guangzhou (JLC), September 21, 2023--China's apparent consumption of gasoline continued to grow in August 2023, as gasoline output set a record high again, despite an increase in exports.

09-21-2023 18:08:46

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