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China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculatio

May 09, 2024

PetroChina’s profit boosted by stronger sales in Q1

Beijing (JLC), May 7, 2024--PetroChina's revenue and net profit both grew in the first quarter of 2024 amid higher sales of oil products, natural gas and chemical products, the company said

May 07, 2024

Domestic gasoline and diesel prices extend gains in April

Guangzhou (JLC), April 30, 2024--China's gasoline and diesel prices extended gains in April, tracking rises in international crude prices, also because of relatively strong gasoline demand a

April 30, 2024

China INE crude price drops as geopolitical risks cool

​Guangzhou (JLC), April 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday due to cooling geopolitical risks.

April 30, 2024

CNOOC’s first-quarter net profit sets record

Guangzhou (JLC), April 29, 2024 – CNOOC's first-quarter net profit surged to a record high for the same period in history, driven by higher realized oil prices and output growth.

April 29, 2024

Sinopec boosts crude throughput and oil product output in Q1

Guangzhou (JLC), April 29, 2024 – Sinopec, China’s largest refiner, continued to boost its crude throughput and oil product output in the first quarter (Q1) of 2024.

April 29, 2024

China to cut fuel ceilings on April 30, first time in 15 weeks

Guangzhou (JLC), April 29, 2024--China will cut its retail ceilings of gasoline and diesel on April 30, 2024 (Tuesday), the first time in about 15 weeks, as international crude prices retrea

April 29, 2024

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