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China's LPG imports drop in July on muted demand

Beijing (JLC), August 26, 2021--China imported roughly 2.10 million mt of LPG in July, down by 13.32% MoM but up by 33.37% from a year ago, data from the General Administration of Customs of

August 26, 2021

INE crude rises as demand worries ease

Guangzhou (JLC), August 25, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Wednesday as demand concerns eased after China reported goo

August 25, 2021

Shandong independents' run rates rise sharply

Guangzhou (JLC), August 25, 2021--Shandong-based independent refiners’ operating rates climbed sharply this week as some refineries resumed normal operation, after weeks of drops till mid-

August 25, 2021

China's bonded bunker exports soar on higher LSFO output

Beijing (JLC), August 25, 2021--China’s bonded bunker fuel exports reached 1.87 million mt in July 2021, surging 39.66% on the year, the customs data shows. It is mainly because strong lo

August 25, 2021

Guangdong further promotes taxation reform of oil products

Beijing (JLC), August 25, 2021--The local tax government in southern Guangdong province is further promoting the taxation reform in Zhaoqing, the local government said on its website.

August 25, 2021

Chinese refiners adjust product mixes for better margins

Guangzhou (JLC), August 25, 2021—Chinese refiners continued to adjust their product mixes to improve their profit margins and adapt to the changes in the market in 2021, cutting the yield

August 25, 2021

INE solicits opinions on amendment to LSFO futures

Guangzhou (JLC), August 24, 2021--China’s Shanghai International Energy Exchange (INE) released an announcement on August 20 to solicit opinions on a modification to low-sulfur fuel oil (L

August 24, 2021

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