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China to cut fuel ceilings on June 14

Guangzhou (JLC), June 13, 2024--China will reduce its retail ceilings of gasoline and diesel on June 14, 2024 (Friday), following a relatively large fall in international crude prices over t

June 13, 2024

China allocates CNY11 billion for car trade-in subsidy

Guangzhou (JLC), June 12, 2024 – China has allocated about CNY11.20 billion (USD1.58 billion) as the 2024 annual subsidy for car trade-ins.

June 12, 2024

CHIMBUSCO completes China’s largest biofuel bunkering

Guangzhou (JLC), June 11, 2024 – CHIMBUSCO successfully pumped 3,850 mt of B24 biofuel into “XIN YA ZHOU”on June 5 at Shenzhen Shekou Container Terminal.

June 11, 2024

China's oil product exports surge on month in May

Guangzhou (JLC), June 7, 2024--Chinese companies' oil product exports soared month on month in May 2024, amid abundant domestic supply and the release of new export quotas.

June 07, 2024

China’s May crude imports rally 1.63% on month

Guangzhou (JLC), June 7, 2024--China’s crude imports rebounded modestly month on month in May, which could be ascribed to a large drop in international crude prices and a relatively low ba

June 07, 2024

State-owned refinery run rates fall on weak demand

Beijing (JLC), June 6, 2024--Chinese state-owned oil refineries' run rates slipped in the week to June 5, 2024 (Wednesday) amid sluggish demand, JLC’s data shows.

June 06, 2024

Large Chinese planes burn bio-jet fuel in test flight

Guangzhou (JLC), June 6, 2024-- China’s self-developed large passenger airplane C919 and regional jetliner ARJ21 have successfully completed a test flight of over one hour with bio-jet fue

June 06, 2024

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