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China records slower rise in fuel oil output in 2022

Guangzhou (JLC), February 1, 2023--China recorded a slower rise in its fuel oil output last year when domestic demand was strongly curbed by Omicron, also because some refineries gave priority to dies

02-01-2023 19:23:59

China’s bonded bunker fuel imports plunge in Dec 2022

Guangzhou (JLC), January 30, 2023--China’s bonded bunker fuel imports plunged on month in December 2022, due to a decrease in Chinese buyers’ import interest coupled with a relatively high base in the

01-30-2023 19:04:58

China cuts bonded bunker fuel exports in 2022

Guangzhou (JLC), January 30, 2023--China cut its bonded bunker fuel exports in 2022 when refueling demand at Chinese ports was dampened by Omicron, despite an increase in domestic low-sulfur fuel oi

01-30-2023 18:32:55

China’s bonded bunker fuel sales retreat in 2022

Guangzhou (JLC), January 27, 2023---China’s bonded bunker fuel sales retreated in 2022 when global economy was slow to recover and the shipping market was still affected by persistent COVID-19.

01-27-2023 17:39:25

Singapore's bunker fuel sales fall 4.22% in 2022

Guangzhou (JLC), January 17, 2023--Singapore recorded a fall of 4.22% in its bunker fuel sales in 2022, due to multiple factors including soft demand and relatively tight supply.

01-17-2023 15:55:04

China’s LSFO output declines on bad margins in December

Guangzhou (JLC), January 12, 2023--China’s LSFO output declined in December, as most Chinese refineries still lacked the motivation to produce LSFO when margins remained poor.

01-12-2023 11:56:40

Singapore's bunker fuel sales set new high in November 2022

Guangzhou (JLC), January 11, 2022--Singapore’s bunker fuel sales set a new high in November 2022, as falling bunker fuel prices stimulated end demand, though ship arrivals at Singapore’s ports decrea

01-11-2023 17:32:33

Larger LSFO quotas to stimulate domestic output further

Guangzhou (JLC), January 4, 2023--China has boosted this year’s first-batch quotas on the exports of low-sulfur fuel oil, which will drive up domestic LSFO output.

01-04-2023 16:55:19

China hikes 1st-batch 2023 quotas on LSFO exports

Guangzhou (JLC), January 3, 2023--China has released the first batch of 2023 quotas on the exports of low-sulfur fuel oil (LSFO, with the maximum sulfur content at 0.5%), setting the quotas at 8.0 mln

01-03-2023 11:30:12

China’s Nov bonded bunker fuel imports rise to 12-month high

Guangzhou (JLC), December 28, 2022--China’s bonded bunker fuel imports extended gains and hit a 12-month high in November when domestic supply stayed relatively tight, despite a rise in domestic low-

12-28-2022 19:07:20

China’s fuel oil output drops on year, first time in 2022

Guangzhou (JLC), December 27, 2022---China’s fuel oil output dropped on year in November, the first time so far this year, as demand was still soft amid new outbreaks of the epidemic.

12-27-2022 15:24:40

China’s bonded bunker fuel exports rally in Nov

Guangzhou (JLC), December 26, 2022---China saw a rebound in its bonded bunker fuel exports in November, owing to an uptick in domestic low-sulfur fuel oil (LSFO) production, also because of a relativ

12-26-2022 19:11:36

China’s bonded bunker fuel exports drop faster in Jan-Oct

Guangzhou (JLC), November 29, 2022--China tallied a faster drop in its bonded bunker fuel exports in January-October, as demand in the shipping market was further subdued by the epidemic and domestic

11-29-2022 15:55:33

China’s bonded bunker fuel imports extend gains in October

Guangzhou (JLC), November 24, 2022--China expanded its bonded bunker fuel imports further in October as domestic supply was still relatively tight despite a slight rise in low-sulfur fuel oil (LSFO) o

11-24-2022 18:14:48

Singapore’s bunker fuel sales hit 12-month high in Oct

Guangzhou (JLC), November 23, 2022--Singapore’s bunker fuel sales rebounded to a 12-month high in October as more ships came to refuel at the country’s ports.

11-23-2022 17:16:26

China sees slower growth in Oct fuel oil output

Guangzhou (JLC), November 22, 2022--China’s fuel oil output still rose year on year in October, but the growth continued to slow down when domestic fuel oil demand stayed lackluster amid mounting viru

11-22-2022 22:34:06

China’s bonded bunker fuel exports plunge to 31-month low in Oct

Guangzhou (JLC), November 22, 2022--China’s bonded bunker fuel exports plunged to a 31-month low in October, as demand in the shipping market was dampened by the epidemic and China lost price advantag

11-22-2022 22:31:54

China’s Oct LSFO output rebounds on more export quota

Guangzhou (JLC), November 15, 2022--China’s low-sulfur fuel oil (LSFO) production saw a bounce in October, as some refiners moderately raised their output on the strength of a new batch of export quo

11-15-2022 17:43:12

PetroChina SIPG fulfills first bonded bunker refueling business

PetroChina SIPG Energy successfully pumped 400 mt of low-sulfur bonded bunker fuel oil into a vessel at Shanghai port on November 11, 2022, the first bonded bunker refueling business of the company.

11-14-2022 16:49:20

Bunker blending margins in North China drop on rising cost

Beijing (JLC), October 31, 2022--Bunker blending margins in North China dropped in the week ending October 27, as the blending cost moved up on higher blending feedstocks prices.

10-31-2022 18:04:07

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