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China slashes 2nd-batch quotas for 2021 crude imports

Guangzhou (JLC), June 21, 2021--China has slashed its second batch of quotas for non-state crude imports for 2021, as the country tends to tighten such quotas.

June 21, 2021

China's jet fuel exports stay very low in May

Guangzhou (JLC), June 21, 2021--China’s jet fuel exports were still unusually low in May 2021, as the country's international flights were limited amid largely closed borders to ward off t

June 21, 2021

China’s May gasoline, diesel exports surge on year

Guangzhou (JLC), June 21, 2021--China's gasoline exports in May soared year on year, mainly due to a low base a year before when exports were hit hard by the coronavirus.

June 21, 2021

INE crude drops further as bearish factors cluster

Guangzhou (JLC), June 18, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) extended losses on Friday, on reports that the UK continued to see spiking case

June 18, 2021

PetroChina to complete construction of Jieyang refining units by end-2021

Beijing (JLC), June 18, 2021--PetroChina plans to complete construction of the refining units at its integrated refining and chemical complex in Jieyang of South China’s Guangdong province

June 18, 2021

Domestic oil product prices rise on stronger crude

Guangzhou (JLC), June 18, 2021--China's wholesale gasoline and diesel prices climbed further this week as international crude prices surged.

June 18, 2021

Shandong starts to see plunge in diluted bitumen imports, fuel oil reappears

Guangzhou (JLC), June 18, 2021--Shandong is starting to see a plunge in diluted bitumen imports as consumption tax on the feedstock took effect as from June 12, and some importers have resum

June 18, 2021

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