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China INE crude price mounts as supply fears persist

Guangzhou (JLC), September 23, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued to rise on Friday, amid lingering worries over tightening supply.

09-23-2022 19:32:31

Domestic fuel market sags for multiple reasons

Guangzhou (JLC), September 23, 2022--China’s gasoline and diesel market sank this week, brought down by a cut in the country’s retail ceilings of both products, also because of still constrained fuel

09-23-2022 18:10:18

Crude stocks at Shandong ports fall modestly

Guangzhou (JLC), September 23, 2022--The crude stocks at Shandong ports continued to drop modestly in the week to September 22, according to local port sources.

09-23-2022 17:52:30

China retail fuel margins to slump after cut in retail fuel ceilings

The retail-wholesale price spread of gasoline and diesel in China is expected to plunge after the country cut the retail price ceilings of the fuels, despite simultaneous drops in the wholesale price.

09-23-2022 13:55:29

China’s petroleum asphalt output slumps on year on soft demand

Guangzhou (JLC), September 23, 2022--China's petroleum asphalt output continued to slump on a year-on-year comparison in August 2022 when demand stayed soft.

09-23-2022 11:30:14

State-owned refineries’ run rates stabilize

Guangzhou (JLC), September 22, 2022--Chinese state-owned refineries’ utilization rate stabilized in the week to September 21, JLC’s data shows.

09-22-2022 23:59:08

China’s petroleum asphalt exports rise on weak domestic demand

Guangzhou (JLC), September 22, 2022--China’s petroleum asphalt exports grew modestly year on year and surged month on month in August 2022, as domestic demand stayed weak.

09-22-2022 23:56:14

Shandong independents boost crude imports from UAE, Oman

Guangzhou (JLC), Sept 22, 2022--Shandong independent refiners and traders boosted their crude imports from the UAE and Oman in the first three weeks of this month, with a slighter rise in their total

09-22-2022 19:13:34

Independents' refining margins for imported crude fall on multiple factors

Guangzhou (JLC), September 22, 2022--Shandong-based independent refiners’ refining margins for imported crude plunged this week, as most oil product prices dropped in the Shandong market, also because

09-22-2022 19:07:36

China INE crude price climbs on rising tensions in eastern Europe

Guangzhou (JLC), September 22, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) increased further on Thursday, following news of a partial mobilization ordered

09-22-2022 19:00:12

China’s August petroleum asphalt imports still plunge on year

Guangzhou (JLC), September 22, 2022--China's petroleum asphalt imports continued to drop sharply year on year in August, as domestic demand was still relatively weak amid persistent virus.

09-22-2022 15:59:08

Shandong independents’ run rates edge lower on shutdown

Guangzhou (JLC), September 21, 2022--Shandong-based independent refiners’ run rates extended gains in the week to September 21.

09-21-2022 19:13:51

China’s bonded bunker fuel exports surge in Aug

Guangzhou (JLC), September 21, 2022--China’s bonded bunker fuel exports extended gains in August, on the back of relatively high production combined with a new batch of export quota in the previous mo

09-21-2022 18:48:29

China sees further fall in Aug’s bonded bunker fuel imports

Guangzhou (JLC), September 21, 2022--China’s bonded bunker fuel imports continued to fall in August, as relatively high international prices continued to depress Chinese buyers’ interest.

09-21-2022 18:44:47

China INE crude price rallies on weaker yuan

Guangzhou (JLC), September 21, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) recouped some losses on Wednesday after Chinese yuan weakened.

09-21-2022 18:42:11

China's Aug kerosene output grows on year, first time in 2022

Guangzhou (JLC), September 21, 2022--China’s kerosene output grew modestly year on year in August 2022, marking the first increase so far this year, according to the National Bureau of Statistics.

09-21-2022 16:52:27

China’s gasoline production still plunges in August

Guangzhou (JLC), September 21, 2022--China’s gasoline production still plunged year on year in August 2022, when domestic demand remained weak amid frequent resurgence of COVID-19 in certain regions.

09-21-2022 16:23:29

China issues large quota on oil product exports-market sources

Guangzhou (JLC), September 21, 2022--China has issued large quota on oil product exports, in view of weak domestic demand, according to market sources.

09-21-2022 16:09:16

China alkylate oil market weak in Sept on frail demand

China alkylate oil market was sluggish in September, as the demand was lackluster amid the dim gasoline market due to the resurgence of the COVID-19 in many cities of China, despite the high cost.

09-21-2022 15:48:05

China’s diesel output continues growing on year

Guangzhou (JLC), September 21, 2022--China continued to record a year-on-year rise in its diesel production in August 2022, which could be ascribed to the expectation of growing demand.

09-21-2022 15:21:40

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