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Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CNOOC reported o

04-29-2025 15:34:27

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

China's naphtha output slips on year in March

Guangzhou (JLC), April 22, 2025--China's naphtha output inched down year on year in March 2025 amid lower refinery operating rates.

04-22-2025 18:45:04

China’s crude output hits new high in March 2025

Guangzhou (JLC), April 22, 2025--China's crude output hit a new high of 19.03 million mt in March 2025, a boost of 3.5% from the same month in 2024, according to data from the NBS.

04-22-2025 11:42:50

China’s fuel oil output drops on year in March

Guangzhou (JLC), April 21, 2025--China’s fuel oil output dropped year on year in March, mainly because of more unit maintenance and PetroChina’s production adjustment.

04-21-2025 19:06:31

China’s gasoline and diesel output drops further in March

Guangzhou (JLC), April 21, 2025--China’s gasoline and diesel production continued to fall in March 2025 because of more refinery maintenance.

04-21-2025 14:54:49

China petroleum asphalt output rises in March

Beijing (JLC), April 17, 2025--China’s petroleum asphalt output totaled 2.23 million mt in March, up by 300,000 mt month-on-month, JLC’s data shows.

04-17-2025 16:46:37

Bohai Oilfield’s oil and gas output hits all-time high in Q1 2025

Guangzhou (JLC), April 15, 2025--CNOOC’s Bohai Oilfield produced over 10 million mt of oil and gas in the first quarter (Q1) of this year, the highest level in about sixty years of the oilfield’s deve

04-15-2025 17:28:06

Chinese refiners cut their LSFO output in March

Guangzhou (JLC), April 14, 2025--Chinese refiners cut their LSFO output in March, because of bad margins and more unit maintenance.

04-14-2025 15:35:55

INE crude price tumbles on OPEC+ output hike, US tariff concerns

Guangzhou (JLC), April 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted Monday on the announcement of a larger-than-expected OPEC+ output increase

04-07-2025 18:39:03

China’s fuel oil output falls in Jan-Feb 2025

Guangzhou (JLC), March 25, 2025--China’s fuel oil output fell in January-February 2025, which could be mainly ascribed to relatively weak demand and bad production margins.

03-25-2025 19:14:54

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

China records drops in gasoline and diesel output in Jan-Feb

Guangzhou (JLC), March 20, 2025--China recorded drops in its gasoline and diesel production in the first two months of 2025 when supply was abundant and exports plunged.

03-20-2025 18:59:39

China’s LSFO output drops in February

Guangzhou (JLC), March 13, 2025--China’s low-sulfur fuel oil (LSFO) output dropped in February, because of poor production margins and PetroChina’s adjustments in its yields.

03-13-2025 15:06:37

China INE crude price drops on prospect of OPEC+ output rise

Guangzhou (JLC), March 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday as OPEC+ decided to start a gradual output increase as planne

03-04-2025 18:29:43

Domestic oil product output to drop in March, demand to diverge

Guangzhou (JLC), March 3, 2025--Chinese refiners are likely to cut their output of gasoline, diesel and jet fuel in March 2025, because of more refinery maintenance, while fuel demand diverges.

03-03-2025 16:49:20

China petroleum asphalt output stable in Jan

Beijing (JLC), February 26, 2025—China’s petroleum asphalt output totaled 1.99 million mt in January, down by 0.4% month on month, JLC’s data showed.

02-26-2025 17:43:52

SOEs to hike Feb diesel output on expectation of recovering demand

Guangzhou (JLC), February 18, 2025--Chinese state-owned enterprises (SOEs) plan to boost their diesel production in February 2025, due to the expectation of recovering demand.

02-18-2025 15:53:22

China’s fuel oil output plunges by 18.4% in 2024

Guangzhou (JLC), January 21, 2025--China’s fuel oil output plunged by 18.4% year on year in 2024, reversing a yearly increase of 4.9% in 2023, according to the data from the National Bureau of Statist

01-21-2025 18:14:30

Nov sees peak of China asphalt output in 2024

Beijing (JLC), December 17, 2024—China’s petroleum asphalt output totaled 2.34 million mt in November, expanding by 200,000 mt or 9.3% month on month, JLC’s data showed.

12-17-2024 16:59:49

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