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Domestic fuel prices extend drops on weak crude

Guangzhou (JLC), March 24, 2023--Domestic gasoline and diesel prices extended drops this week, tracking a further decline in international crude prices, despite fair fuel demand.

03-24-2023 18:00:39

China’s MTBE exports surge in first two months

Guangzhou (JLC), March 23, 2023--China recorded a sharp surge in its MTBE exports in the first two months of this year, because of better export margins and delayed customs declaration of some cargoe

03-23-2023 18:58:59

China alkylate market down on lower costs in Mar

Guangzhou (JLC), March 23, 2023--China's alkylate market displayed an overall downtrend in March 2023 as feedstock costs moved lower, and also because of sluggish demand.

03-23-2023 18:24:07

China’s apparent kerosene consumption drops in Jan-Feb 2023

Guangzhou (JLC), March 22, 2023--China’s apparent kerosene consumption fell in the first two months of 2023, due to surge in exports and decrease in imports, although output was higher.

03-22-2023 17:37:07

China’s apparent diesel consumption edges down in first two months

Guangzhou (JLC), March 22, 2023--China’s apparent diesel consumption fell slightly year on year in the first two months of 2023, mainly because of a relatively large increase in diesel exports.

03-22-2023 15:41:49

China’s naphtha imports continue to grow in early 2023

Guangzhou (JLC), March 21, 2023--China stilled recorded a rise in its naphtha imports in the first two months of 2023, due to continued demand growth.

03-21-2023 18:47:35

China’s apparent gasoline consumption drops in Jan-Feb 2023

Guangzhou (JLC), March 21, 2023--China's apparent gasoline consumption in the first two months of 2023 fell 7.5% year on year, mainly due to lower output and stronger exports.

03-21-2023 18:29:52

China's gasoline output shows signs of recovery in Jan-Feb

Guangzhou (JLC), March 20, 2023 – China's gasoline output stood at 419,800 mt/day in the first two months of 2023, a rise of 11.71% from 375,800 mt/day recorded in December 2022.

03-20-2023 16:43:47

China's diesel output still surges in first two months

Guangzhou (JLC), March 20, 2023--China’s diesel production still soared year on year in the first two months of 2023, because of better market fundamentals.

03-20-2023 14:50:04

Domestic fuel prices slip as crude tumbles

Guangzhou (JLC), March 17, 2023--Domestic gasoline and diesel prices slipped this week, hit by a plunge in international crude prices, despite fuel demand recovery.

03-17-2023 18:54:21

China to cut fuel ceilings on March 18

Guangzhou (JLC), March 17, 2023--China will cut the price ceilings of gasoline and diesel on March 18, 2023, due to drops in international crude prices in the previous 10 working days.

03-17-2023 17:13:14

China MTBE market rises on stronger demand, less supply in H1 Mar

Guangzhou (JLC), March 16, 2023—China's MTBE market continued to go up in the first half of March, due to increasing demand and tightening supply.

03-16-2023 18:45:02

China's gasoline consumption drops in Feb, while diesel rises

Guangzhou (JLC), March 14, 2023--China’s actual gasoline consumption fell in February, as travel dropped after the Spring Festival travel rush, while its diesel consumption increased because of rising

03-14-2023 18:40:00

State-owned refiners boost oil product output in February

Guangzhou (JLC), March 13, 2023--Chinese state-owned refiners raised their production of gasoline, diesel and jet fuel in February 2023, as domestic demand was recovering.

03-13-2023 18:59:23

China's oil product exports surge 74.2% in first two months

Guangzhou (JLC), March 8, 2023--Chinese oil companies’ oil product exports jumped by 74.2% year on year in the first two months of 2023 when domestic demand was still yet to recover fully.

03-08-2023 15:40:14

China to halve oil product exports in March 2023

Guangzhou (JLC), March 7, 2023--Chinese oil companies plan to halve their exports of oil products in March 2023, because of recovering domestic demand and low export margins.

03-07-2023 18:40:37

China’s gasoline and diesel prices little changed

Guangzhou (JLC), March 3, 2023--China’s gasoline and diesel prices did not change much in late February and early March when most buyers held a wait-and-see attitude.

03-03-2023 19:24:22

Shijiazhuang Refining & Chemical starts building green transition project

Guangzhou (JLC), February 27, 2023--Sinopec Shijiazhuang Refining and Chemical in Hebei province launched construction of its phase-1 green transition project on February 25, Shijiazhuang Municipal Pe

02-27-2023 18:20:22

Sinopec Tianjin Petrochemical finds new jet fuel export market

Guangzhou (JLC), February 21, 2023--Oil tanker “Atlantic Eagle” carrying 40,000 mt of jet fuel from Tianjin Petrochemical departed for Japan on February 14, indicating the company has found a new expo

02-21-2023 16:17:55

China’s fuel market weakens on slower consumption

Guangzhou (JLC), February 17, 2023--China’s fuel market weakened in mid-February, contrary to stronger international crude, depressed by a slowdown in domestic fuel consumption.

02-17-2023 19:41:52

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