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Update: Independents to import more crude on diluted bitumen excise

Beijing (JLC), May 19, 2021--China’s independent refineries crude import quota is likley to be tight on a surge in imported crude, due to imports reduction in diluted bitumen, JLC research

May 17, 2021

China's crude throughput grows 7.5% in April

Guangzhou (JLC), May 17, 2021--China’s April crude throughput gained 7.5% year on year to 57.90 mln mt, with the daily throughput at about 1.93 mln mt (14.09 mln barrels), according to dat

May 17, 2021

China oil, gas pipeline system mileage reaches 165,000 km

Beijing (JLC), May 17, 2021--China’s long-distance oil and gas pipeline system mileage reached 165,000 kilometers as of the end of last year.

May 17, 2021

INE crude falls on Colonial Pipeline resumption, stronger yuan

Guangzhou (JLC), May 14, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Friday, due to the restart of Colonial Pipeline and stronger Chines

May 14, 2021

China announces tax on imported MA, LCO and diluted bitumen

Guangzhou (JLC), May 14, 2021--China will begin to levy consumption tax on three kinds of imported products that mainly cover mixed aromatics (MA), light cycle oil (LCO) and diluted bitumen

May 14, 2021

Imported feedstock arrivals in Shandong rally over May 1-14

Guangzhou (JLC), May 14, 2021--The arrivals of imported crude and diluted bitumen for Shandong independent refiners and traders rebounded month on month in the first two weeks of May, after

May 14, 2021

China to raise fuel prices on May 15

Guangzhou (JLC), May 14, 2021--China will raise the retail ceilings of gasoline and diesel on May 15, the seventh time so far this year, tracking rises in international crude prices.

May 14, 2021

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