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China’s June crude throughput hits lowest this year

Guangzhou (JLC), July 15, 2024--China’s crude throughput fell to this year’s new low in June as refinery maintenance remained high, domestic supply was abundant and alternative energy developed fast.

07-15-2024 15:38:14

China’s June crude imports grow 2.20% on month

Guangzhou (JLC), July 12, 2024--China’s daily crude imports gained 2.20% month on month in June 2024, according to the latest data from the General Administration of Customs of the PRC (GACC).

07-12-2024 14:54:36

Independents unload more imported feedstock in June

Gu?angzhou (JLC), July 5, 2024--Shandong-based independents unloaded more imported feedstock in June, mainly because of growing gasoline demand and improving refining margins.

07-05-2024 15:47:19

Shandong independents' June run rates lower on more maintenance

Guangzhou (JLC), July 5, 2024--Shandong-based independent refiners' operating rates moved lower in June, due to more refinery maintenance.

07-05-2024 14:11:00

State-owned refineries' June run rates fall for third time in a row

Guangzhou (JLC), July 4, 2024--Chinese state-owned oil companies cut their refinery operating rates for the third straight month in June, as they remained under sales pressure.

07-04-2024 15:44:13

Shandong independents’ run rates in June to hit 26-month low

Guangzhou (JLC), June 26, 2024--Shandong independent refiners’ operating rates in June are expected to hit a 26-month low, due to poor refining margins and weak diesel demand.

06-26-2024 14:31:37

Yanchang Petroleum to start up 800,000 cbm oil depot in June 2025

Guangzhou (JLC), June 19, 2024--Shaanxi Yanchang Petroleum (Group) is expected to put into operation an 800,000 cubic-meter (cbm) crude oil depot in late June 2025, which will be the largest crude sto

06-19-2024 14:54:55

Independents’ crude refining margins jump in early June

Guangzhou (JLC), June 5, 2024--Shandong-based independents’ crude refining margins jumped in early June, as crude costs extended declines and their sales revenue ticked? higher.

06-05-2024 17:55:18

Chinese SOEs to cut June crude runs to year’s lowest

Guangzhou (JLC), June 3, 2024--Chinese state-owned enterprises plan to cut their daily crude throughput to the lowest so far this year in June, because of refinery maintenance and abundant supply.

06-03-2024 18:57:19

China hikes June Russian crude imports to another record

Guangzhou (JLC), July 20, 2023--China raised its crude imports from Russia to another new high in June 2023, which could be ascribed to discounts on Russian grades.

07-20-2023 14:47:39

China boosts June crude imports to second record high

Guangzhou (JLC), July 13, 2023--China boosted its crude imports to a level only second to its record high in June, due to the expectation of growing fuel demand.

07-13-2023 19:01:31

Shandong independents see more feedstock arrivals in June

Guangzhou (JLC), July 6, 2023--Shandong-based independent refiners and traders boosted their feedstock imports by 5.4% month on month in June 2023 on multiple factors.

07-06-2023 16:09:55

Shandong independents’ run rates climb in June on unit restart

Guangzhou (JLC), July 6, 2023--Shandong-based independent refiners’ operating rates increased moderately in June, after a refinery came back on online and some others resumed normal operation.

07-06-2023 10:37:05

PetroChina and Sinopec boost June crude runs on unit restarts

Guangzhou (JLC), July 4, 2023--PetroChina and Sinopec both raised their crude runs in June 2023, as unit restarts outpaced new maintenance, according to these two companies' plans.

07-04-2023 14:54:33

State-owned refinery run rates rally on less maintenance in June

Guangzhou (JLC), July 4, 2023--Chinese state-owned oil companies boosted their refinery operating rates in June 2023, after refinery maintenance peaked in May.

07-04-2023 14:01:18

Independents receive more imported feedstock in June

Guangzhou (JLC), June 30, 2023--S?handong-based independent refiners and traders received more imported feedstock in June as they had expected crude consumption to accelerate, also because of the arri

06-30-2023 18:30:18

China may raise June crude imports to second record high

Guangzhou (JLC), June 30, 2023--China may boost its crude imports to a second record high in June, due to the expectation of growing fuel demand, discounted grades and effort to boost energy security.

06-30-2023 14:39:39

State-owned oil refinery run rates inch up in late June

Guangzhou (JLC), June 29, 2023--State-owned oil refineries' run rates inched up in the week to June 28, as PetroChina Urumqi Petrochemical raised its crude runs gradually after restart.

06-29-2023 18:33:37

Independents’ refining margins drop further in late June

Guan?gzhou (JLC), June 28, 2023--Shandong-based independents’ crude refining margins dropped further in late June when prices of most oil products went down.

06-28-2023 18:54:54

Independents’ crude imports soar in H1 June

Guangzho?u (JLC), June 16, 2023--Shandong-based independent refiners and traders boosted their feedstock imports sharply in the first half of June, as they had expected their consumption to grow on mu

06-16-2023 16:39:39

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