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Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

Daqing Refining & Chemical's January crude runs surge 8.14%

Guangzhou (JLC), February 20, 2025--PetroChina Daqing Refining & Chemical's crude runs soared by 8.14% year on year in January 2025, Daqing Daily reported on its news website on February 20.

02-20-2025 18:36:29

China's jet fuel exports surge 19.62% in 2024

Guangzhou (JLC), January 23, 2025--China's jet fuel exports soared by 19.62% to about 18.92 million mt in 2024, according to data from the General Administration of Customs of the PRC (GACC).

01-23-2025 13:53:04

China’s bonded bunker fuel imports surge in 2024, exports edge down

Guangzhou (JLC), January 22, 2025--China’s bonded bunker fuel imports surged in 2024, while its bonded bunker fuel exports plunged, which could mainly be ascribed to tig?ht domestic supply.

01-22-2025 18:49:56

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China’s fuel prices extend gains as crude prices surge

Guangzhou ?(JLC), January 17, 2025--China’s wholesale gasoline and diesel prices extended gains in mid-January, because of soaring international crude prices and growing gasoline demand.

01-17-2025 17:50:17

Independents’ crude refining margins surge in mid-Jan

Guangzhou (JLC), January 15, 2025--Shandong-based independents’ crude refining margins surged in mid-January, buoyed by a rapid increase in sales revenue, despite a rise in crude costs.

01-15-2025 18:31:54

China INE crude price surges on new US sanctions against Russia

Guangzhou (JLC), January 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Monday, mainly supported by new US sanctions against Russia.

01-13-2025 19:14:03

Sinopec Yanshan's jet fuel exports surge to new high in 2024

?Guangzhou (JLC), January 7, 2025--Sinopec Yanshan Petrochemical's jet fuel exports surged 25.93% to a new record of over 800,000 mt in 2024, the company said on December 31, 2024.

01-07-2025 13:43:44

Domestic gasoline demand to surge in January, diesel to drop

Guangzhou (JLC), January 2, 2025--Domestic gasoline demand will surge in January 2025, because of peak travel around the Chinese New Year, while diesel demand will drop.

01-02-2025 14:18:04

China’s bonded bunker fuel exports surge in November

Guangzh?ou (JLC), December 25, 2024--China’s bonded bunker fuel exports surged in November, as bunker suppliers were making efforts to boost sales, also because of more re-export trade activities.

12-25-2024 19:05:26

China’s oil product exports surge in Nov before VAT rebate cuts

Guangzhou (JLC), December 10, 2024--Chinese oil companies’ oil product exports rebounded significantly in November, as they had revised up their export plans before a cut in value-added tax (VAT) reba

12-10-2024 15:10:02

China’s bonded bunker fuel exports plunge in October, imports surge

Guangzhou (JLC), December 2, 2024--China’s bonded bunker fuel exports plunged significantly in October, hitting an eight-month low, due to tight low-sulfur fuel oil (LSFO) supp?ly, while bonded bunker

12-02-2024 17:02:13

China's naphtha imports surge 20.46% on year in October

Guangzhou (JLC), November 18, 2024--China's naphtha imports soared by 20.46% year on year in October 2024, according to the latest data released by the General Administration of Customs of the PCR.

11-18-2024 17:22:16

China’s bonded bunker exports surge in September, but sales decline

Guangzhou (JLC), October 22, 2024--China’s bonded bunker fuel exports surged in September, because of brisker re-export trade, but its actual sales declined amid tighter domes?tic supply.

10-22-2024 18:38:49

China’s fuel oil imports from major suppliers surge in Jan-Sept

Guangzhou (JLC), October 21, 2024--China’s fuel oil imports from its major suppliers surged in January-September, according to data from the General Administration of Customs (GACC).

10-21-2024 18:44:39

China's jet fuel exports to Indonesia surge over 11 times in Jan-Sept

Guangzhou (JLC), October 21, 2024--China's jet fuel exports to Indonesia soared by 1,081% year on year in the first nine months of 2024, indicating rapidly growing demand from the latter.

10-21-2024 17:24:41

China INE crude price retreats after US crude stocks surge

Guangzhou (JLC), October 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday due to a spike in the US crude inventories and stronger yuan

10-09-2024 18:52:15

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crud?e costs, despite a fall in

09-12-2024 16:55:03

China’s jet fuel exports surge 39.1% in Jan-Jul

Guangzhou (JLC), August 19, 2024--China’s jet fuel exports soared 39.1% year on year in the first seven months of 2024, largely due to a steady recovery in demand.

08-19-2024 18:47:20

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