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China’s March crude imports from Russia take record-high share

Guangzhou (JLC), April 22, 2024--China’s crude imports from Russia took a record high share in March 2024 when shipment from Russia grew significantly, according to data from the GACC.

04-22-2024 15:23:13

China’s crude imports drop 6.2% on year in March

Guangzhou (JLC), April 15, 2024--China imported about 49.05 million mt of crude oil in March 2024, with the daily imports at roughly 11.55 million barrels, down 6.22% from 12.32 million barrels in the

04-15-2024 16:00:45

China boosts crude imports from Russia sharply in Jan-Feb 2024

Guangzhou (JLC), March 22, 2024--China hiked its imports of Russian crude by 13.06% on year in the first two months of 2024, compared with an increase of 5.07% in the former’s total crude imports.

03-22-2024 15:09:06

China INE crude price rallies after China’s crude imports rise

Guangzhou (JLC), March 7, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday after data showed rising crude imports in China and large fuel

03-07-2024 19:34:24

China's crude imports in Jan-Feb 2024 grow 3.30% on year

Guangzhou (JLC), March 7, 2024--China imported about 88.31 million mt of crude oil in the first two months of 2024, with the daily imports at roughly 10.74 million barrels a day, up 3.30% on year.

03-07-2024 16:04:08

China’s annual crude imports set new record in 2023

Guangzhou (JLC), January 12, 2024 – China’s annual crude imports rebounded to a record high in 2023, as domestic demand picked up after the country lifted COVID-related restrictions.

01-12-2024 16:10:08

China releases quotas on 2024 crude imports

Guangzhou (JLC), January 2, 2024--China has released the second batch of non-state crude import quotas for 2024, permitting 179.01 million mt of crude imports.

01-02-2024 12:11:27

Independents cut November’s crude imports amid quota tightness

Guangzhou (JLC), December 8, 2023--Shandong-based independent refiners and traders cut their crude imports both on month and year in November, due to quota tightness.

12-08-2023 15:49:55

China's crude imports retreat in November

Guangzhou (JLC), December 7, 2023--China's crude oil imports came down month on month in November 2023, after a rally in October, according to data released by the GACC.

12-07-2023 19:26:16

China hikes crude imports from Russia in first 10 months

Guangzhou (JLC), November 22, 2023--China hiked its crude imports from Russia in the first 10 months of 2023, which could be ascribed to attractive prices of Russian cargoes.

11-22-2023 11:56:23

Independents’ crude imports to decrease in Nov-Dec

Guangzhou (JLC), November 10, 2023--Shandong-based independent refiners and traders are likely to see a decrease in their crude imports in November-December, due to tight import quotas.

11-10-2023 17:01:14

China’s crude imports rebound in October

Guangzhou (JLC), November 8, 2023--China’s crude imports rebound month on month in October, after a retreat in September.

11-08-2023 19:08:31

China sets stable ceiling on non-state crude imports for 2024

Guangzhou (JLC), October 25, 2023--China's Ministry of Commerce has announced a stable ceiling on non-state crude imports for 2024, setting the ceiling at 243 million mt.

10-25-2023 19:12:14

China slashes crude imports from major suppliers in September

Guangzhou (JLC), October 20, 2023--China slashed its crude imports from major suppliers in September, after large imports earlier this year, also due to high prices.

10-20-2023 15:34:53

China’s crude imports retreat on month in September

Guangzhou (JLC), October 16, 2023--China’s crude imports retreated month on month in September, after a surge in August, according to data released by the General Administration of Customs of the PRC

10-16-2023 15:06:25

Independents boost crude imports in past weeks

Guangzhou (JLC), September 30, 2023--Shandong-based independent refiners and traders have received more imported feedstock over the past few weeks, on the back of new import quotas and seasonally str

09-30-2023 10:02:10

Top five suppliers supply 64% of China’s August crude imports

Guangzhou (JLC), September 20, 2023--The top five crude suppliers to China contributed to 64.04% of the latter’s crude imports in August 2023, up from 58.20% in July.

09-20-2023 18:24:44

Independents slash crude imports from Russia as premiums rise

Guangzhou (JLC), September 15, 2023--Shandong-based independent refiners and traders slashed their crude imports from Russia in the first half of September, as their buying interest diminished amid s

09-15-2023 18:30:58

China INE crude price rises further after China’s crude imports jump

Guangzhou (JLC), September 8, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Friday after surges in China’s August crude imports.

09-08-2023 18:59:32

China INE crude price rises further after China’s crude imports jump

Guangzhou (JLC), September 8, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Friday after surges in China’s August crude imports.

09-08-2023 18:24:09

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