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Shandong independents’ run rates drop further

Guangzhou (JLC), November 8, 2023--Shandong independent refiners lowered their operating rates again in the week to November 8, largely due to shrinking fuel demand in winter, low refining m

November 08, 2023

China’s crude imports rebound in October

Guangzhou (JLC), November 8, 2023--China’s crude imports rebound month on month in October, after a retreat in September.

November 08, 2023

China’s oil product exports shrink to four-month low in October

Guangzhou (JLC), November 7, 2023 – China’s oil product exports retreated to a four-month low in October 2023, largely due to quota tightness and lower export margins.

November 07, 2023

China to cut fuel ceilings on Nov 8, third time in a row

Guangzhou (JLC), November 7, 2023--China will cut its retail ceilings of gasoline and diesel on November 8, the third time in a row, tracking weakening international crude prices.

November 07, 2023

State-run oil majors ink deals worth USD53.8 b at CIIE as of Nov 5

Guangzhou (JLC), November 6, 2023 – Sinopec and Sinochem collectively signed agreements worth USD53.8 billion at the 6th China International Import Expo (CIIE) as of November 5.

November 06, 2023

China and Russia deepen ties in oil and gas sectors

Guangzhou (JLC), November 2, 2023 – China and Russia have stepped up cooperation in the oil and gas sectors since 2023, state-run People’s Daily said on October 31.

November 02, 2023

PetroChina ramps up production of winter-grade low-pour-point diesel

Guangzhou (JLC), November 1, 2023 – Two refineries under PetroChina in Northeast China have ramped up production of -35-pour-point diesel recently, as part of their efforts to guarantee fu

November 01, 2023

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