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US tariff hikes anticipated to alleviate China’s MEG oversupply

Shandong (JLC), April 11, 2025--The U.S. tariff policies are expected to help alleviate China’s MEG oversupply somewhat.

04-11-2025 17:06:00

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 to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

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

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

China INE crude price picks up after Saudi Aramco hikes prices

Guangzhou (JLC), February 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Friday after Saudi Aramco hiked crude prices.

02-07-2025 19:07:42

China to hike fuel ceilings on Jan 17, second time in 2025

Guangzhou (JLC), January 16, 2025--China will hike its retail ceilings of gasoline and diesel on January 17, 2025 (Friday), the second time in 2025, as crude prices have extended gains.

01-16-2025 14:24:14

China to hike customs duties on imported fuel oil in 2025

Guangzhou (JLC), December 30, 2024--China will hike the temporary customs duties on imported fuel oil to 3% in 2025, up from 1%, according to a notice released by a State Council committee.

12-30-2024 18:07:41

Sinopec Jiujiang hikes jet fuel production and sales in Jan-Nov

Guangzhou (JLC), December 25, 2024--Sinopec Jiujiang Petrochemical hiked its jet fuel production and sales in the first eleven months of 2024 through various efforts, Sinopec said.

12-25-2024 18:26:15

China INE crude price rises again after OPEC+ delays output hike

Guangzhou (JLC), November 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following reports of a further delay to OPEC+ producti

11-04-2024 18:41:30

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China to hike fuel ceilings on July 12

Guangzhou (JLC), July 11, 2024--China will hike its retail ceilings of gasoline and diesel on July 12, 2024 (Friday), following a further rise in international crude prices over the past ten working d

07-11-2024 13:57:28

China to hike fuel ceilings on April 2

Guangzhou (JLC), April 1, 2024--China will hike its retail ceilings of gasoline and diesel on April 2, 2024 (Tuesday), tracking recent rises in international crude prices.

04-01-2024 15:44:35

Sinopec Shanghai hikes jet fuel production for Chunyun

Guangzhou (JLC), January 29, 2024 – Sinopec Shanghai Petrochemical has increased jet fuel production to meet surging demand during the Spring Festival travel rush.

01-29-2024 15:17:00

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

China INE crude price drops on uncertainty over Fed rate hikes

Guangzhou (JLC), October 10, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday as market participants are waiting for the release of more economi

10-10-2023 19:30:10

China to hike fuel ceilings on Sept 21, sixth time in a row

Guangzhou (JLC), September 20, 2023--China will raise its retail ceilings of gasoline and diesel on September 21, 2023, the sixth time in a row, tracking large increases in international crude prices.

09-20-2023 12:05:30

China INE crude price retreats on rate hike concerns

Guangzhou (JLC), July 21, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid concerns that higher interest rates in the US will lead to a

07-21-2023 18:20:30

China hikes June Russian crude imports to another record

Guangzhou (JLC), July 20, 2023--China raised its crude imports from Russia to another new high in June 2023, which could be ascribed to discounts on Russian grades.

07-20-2023 14:47:39

PetroChina and Sinopec hike July jet fuel ex-refinery prices

Guangzhou (JLC), July 11, 2023--PetroChina and Sinopec hiked their jet fuel ex-refinery prices by CNY161/mt on July 1, 2023, according to sources from the two companies.

07-11-2023 18:14:38

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