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China retail-wholesale spread of fuel widens sharply and may sustain growth

Guangzhou (JLC), April 20, 2023 – China’s retail-wholesale price spread of fuel (specifically gasoline and diesel) widened sharply in the past couple of days.

April 20, 2023

China tallies record-high crude runs in March 2023

Guangzhou (JLC), April 18, 2023--China tallied record-high crude runs in March 2023, because of recovering fuel demand and growing refining capacity.

April 18, 2023

China’s GDP grows 4.5% in Q1 2023

Guangzhou (JLC), April 18, 2023--China's gross domestic product grew by 4.5% year on year to about 28.50 trillion yuan in the first quarter of 2023.

April 18, 2023

China announces year’s largest hike in fuel ceilings

Guangzhou (JLC), April 17, 2023--China announced on April 17 this year’s largest hike in its fuel ceilings, trading rallies in international crude prices.

April 17, 2023

Sinopec supplies bunker to world’s largest container ship

Guangzhou (JLC), April 17, 2023 – Sinopec Fuel Oil Sales Co., Ltd. had supplied 496.5 mt of bonded low-sulfur light bunker fuel to the “MSC Irina”, the world's largest container ship.

April 17, 2023

China’s exports surge 14.8% in March 2023

Guangzhou (JLC), April 13, 2023--China's exports soared by 14.8% year on year to 315.59 billion US dollars in March 2023, reversing declines in the first two months.

April 13, 2023

China's crude imports near record high in March

Guangzhou (JLC), April 13, 2023--China's March crude imports surged to a level near the record high, due to recovering demand and delayed cargo unloading.

April 13, 2023

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