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Independents unload less imported feedstock in July

Guangzhou (JLC), August 9, 2024--Shandong-based independent refiners unloaded less imported feedstock in July, largely due to poorer refining margins.

August 09, 2024

China to see year’s largest cut in fuel ceilings on August 9

Guangzhou (JLC), August 8, 2024--China will cut its retail ceilings of gasoline and diesel on August 8, 2024, as international crude prices have dropped further over the past 10 working days

August 08, 2024

State-owned refinery run rates up on demand outlook

Beijing (JLC), August 8, 2024--Chinese state-owned oil refineries' run rates increased in the week to August 7, 2024 (Wednesday) as several refineries boosted their crude runs in anticipatio

August 08, 2024

China's oil product exports drop in July

Guangzhou (JLC), August 7, 2024--China’s oil product exports fell month on month in July 2024, reversing a gain seen in June.

August 07, 2024

China’s July crude imports hit new low in nearly two years

Guangzhou (JLC), August 7, 2024--China’s crude imports in July 2024 plunged to about 42.34 million mt, with the daily imports at 9.97 million barrels, a new low since October 2022, GACC da

August 07, 2024

China unveils more details on truck subsidies

Guangzhou (JLC), August 5, 2024 – The Ministry of Transport and the Ministry of Finance jointly released on July 30 a new notice that provided more details on truck scrapping and replaceme

August 05, 2024

China to cut clean oil product exports in August

Guangzhou (JLC), August 2, 2024---Chinese oil companies planned to reduce their exports of clean oil products (gasoline, diesel and jet fuel) in August.

August 02, 2024

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