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China’s daily crude throughput slips to 21-month low in July

Guangzhou (JLC), August 15, 2024--China's daily crude oil throughput in July slipped again to a new low in 21 months as domestic diesel demand fell sharply and oil product exports dropped.

August 15, 2024

Diesel demand eclipsed by alternative energy and property headwinds

Guangzhou (JLC), August 14, 2024 –China’s diesel demand has been dragged by multiple factors including growing use of alternative energy, prolonged property woes, and a shift to cost-eff

August 14, 2024

China to beef up supervision on oil product circulation

Guangzhou (JLC), August 12, 2024 – Provincial-level and lower-level governments shall strengthen supervision on the circulation of refined oil products.

August 12, 2024

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

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