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Import arbitrage narrows as Singapore gasoline and diesel strengthens

Guangzhou (JLC), June 16, 2023 – As Singapore gasoline and diesel prices strengthened mildly in H1 June, import and export arbitrage showed a mixed picture in south China.

June 16, 2023

Sinopec subsidiary sells 1.9 mln mt of B5 biodiesel since 2017

Guangzhou (JLC), June 15, 2023 – Sinopec Shanghai Oil Products Company has sold more than 1.9 million mt of B5 biodiesel since 2017, its parent Sinopec said on June 12.

June 15, 2023

China’s crude runs continue to soar on year in May 2023

Guangzhou (JLC), June 15, 2023--China’s crude runs continued to soar year on year in May 2023, due to gradually recovering fuel demand, the full operation of two new refineries.

June 15, 2023

Pakistan buys Russian oil in Chinese Yuan

Guangzhou (JLC), June 14, 2023 – Pakistan has bought Russian crude oil in Chinese yuan (CNY) for the first time under a government-to-government deal.

June 14, 2023

China to slightly cut fuel ceilings on June 14

Guangzhou (JLC), June 13, 2023--China will slightly cut the price ceilings of gasoline and diesel on June 14, 2023, as international crude prices retreated sharply on Monday, paring earlier

June 13, 2023

China issues draft regulations on domestic oil product circulation

Guangzhou (JLC), June 12, 2023 – The Ministry of Commerce (MOC) has issued on June 12 the draft of Measures for the Administration of Circulation of Refined Oil Products.

June 12, 2023

Sinopec Changling successfully processes Napo crude

Guangzhou (JLC), June 8, 2023 – Sinopec’s Changling Refining and Chemical has successfully processed a mixture of Napo crude and other grade.

June 08, 2023

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