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Domestic gasoline and diesel markets may stand high

The domestic fuel market may stay at high levels for the coming week as immoderate costs, as well as improving virus control and supportive policies that spur demand, could combine to buoy t

June 01, 2022

Shenghong’s second 3.1 mln mt/yr reformer ready for operation

Construction on the second 3.1 million mt/yr continuous catalytic reformer at Shenghong Refining and Chemical (Lianyungang) had been completed by May 30.

May 31, 2022

China to raise fuel prices on May 31, 10th time in 2022

Guangzhou (JLC), May 30, 2022--China will raise the retail ceilings of gasoline and diesel on May 31, 2022, the 10th time so far this year, tracking rises in international crude prices.

May 30, 2022

PetroChina Liaohe signs asphalt concrete contract with CGGC

PetroChina Liaohe Petrochemical and China Gezhouba Group Corporation (CGGC) signed a supply contract for 9,700 mt of hydraulic asphalt concrete.

May 27, 2022

Domestic fuel market to be capped on soft demand

The domestic fuel market in China is likely to be restrained on its growth for the next week as it may still need to grapple with sluggish demand.

May 27, 2022

China jet fuel exports jump on crippled domestic demand in April

China’s jet fuel exports expanded both month-on-month and year-on-year in April, owing to an upswing in overseas jet fuel demand.

May 25, 2022

China’s petroleum asphalt exports down on output cut in April

China’s petroleum asphalt exports decreased year on year in April 2022, owing to the continuously shrinking output amid slimming profits and unit maintenance.

May 25, 2022

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