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Shandong independents’ run rates extend rises as margins improve

Gua?ngzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

China’s fuel prices drop for five straight weeks

Guangzhou (JL?C), March 7, 2025--China’s wholesale gasoline and diesel prices extended drops in the week ending March 7, the fifth drop in a row, because of falling crude prices, lackluster gasoline d

03-07-2025 18:12:46

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

Shandong independents' run rates rally after eleven weeks of drops

Guangzhou (JLC), March 5, 2025--Shandong independent refiners' operating rates rallied in early March, after dropping for eleven consecutive weeks, as two refiners wrap?ped up maintenance.

03-05-2025 19:12:25

Bonan oilfield group produces over 1 mln mt of oil and gas in 39 days

Gu?angzhou (JLC), March 5, 2025--Bonan oilfield group, a 10-million-mt oil and gas production base in China, has produced over 1 million mt of oil and gas within 39 days in early 2025, showing a stron

03-05-2025 19:04:29

China's manufacturing PMI rallies in February

Guangzhou (JLC), March 3, 2025--China's manufacturing purchasing managers' index (PMI) rallied and exceeded the 50% mark in February, according to the data from the Natio?nal Bureau of Statistics (NBS

03-03-2025 17:37:12

China’s fuel prices slip for four consecutive weeks

Gu?angzhou (JLC), February 28, 2025--China’s wholesale gasoline and diesel prices have slipped for four straight weeks, due to falling international crude prices and weakening gasoline demand.

02-28-2025 17:31:41

China adds five bonded bunker suppliers with Guangzhou licenses

Guangzhou (JLC), February 27, 2025--Five enterprises have recently obtained the licenses to supply bonded bunker fuel in Guangzhou, the Guangzhou Municipal Co?mmerce Bureau said on its WeChat account

02-27-2025 18:46:45

Independents’ crude refining margins slip further

Guangzhou (JLC), February 27, 2025--Shandong-based independents’ crude refining margins slipped further in late February, squeezed by falling sales revenue, despite slightly lower costs.

02-27-2025 11:40:30

Yangshan Port sees its first dual-vessel LNG bunkering

Guangzhou (JLC), February 25, 2025--Shanghai Yangshan Port achieved a milestone on February 22, as two LNG bunkering vessels simultaneously refueled two large int?ernational container ships at Shengdo

02-25-2025 19:02:33

Singapore’s bunker fuel sales drop in January 2025

Gu?angzhou (JLC), February 24, 2025--Singapore’s bunker fuel sales dropped in the first month of this year, as shipowners’ buying interest was depressed by a potential contraction in global trade amid

02-24-2025 18:58:44

China’s fuel prices drop again, third week in a row

Gu?angzhou (JLC), February 21, 2025--China’s wholesale gasoline and diesel prices dropped for three consecutive weeks in the week ending February 21, depressed by weaker demand and lower retail ceilin

02-21-2025 17:55:39

Chimbusco completes Hong Kong’s largest B24 biofuel bunkering

Guangzhou (JLC), February 21, 2025--Pan National Petrochemical CO., Ltd., a subsidiary of Chimbusco, recently pumped 5,500 mt of B24 biofuel onto ship “XIN LOS ANGELES” in Hong Kong, marking the large

02-21-2025 11:14:30

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

China’s fuel prices continue to drop in mid-Feb

Gua?ngzhou (JLC), February 14, 2025--China’s wholesale gasoline and diesel prices continued to drop in the middle of February, as international crude prices edged lower and domestic gasoline demand sl

02-14-2025 16:35:15

Shandong independents unload less imported crude in January

G?uangzhou (JLC), February 13, 2025--Shandong-based independent refiners unloaded less imported crude oil in January, in part because of the Chinese New Year holiday that began late in the month.

02-13-2025 18:45:46

Independents’ crude refining margins soar in mid-Feb

Guangzhou (JLC), February 13, 2025--Shandong-based independents’ crude refining margins soared rapidly in mid-February, driven by declines in crude costs and increases in their sales revenue.

02-13-2025 14:19:06

China’s bonded bunker fuel sales rise 2.21% in 2024

Guangzhou (JLC), February 8, 2025--China’s bonded bunker fuel sales increased by 2.21% year on year in 2024, due to the detour of ships on some routes to China amid the R?ed Sea conflict and the stron

02-08-2025 18:43:43

China’s fuel prices inch lower as crude prices fall

Guangzh?ou (JLC), February 7, 2025--China’s wholesale gasoline and diesel prices inched slightly lower in early February, following a fall in international crude prices.

02-07-2025 17:42:14

Independents’ refining margins for imported crude rebound

Guangzhou (JLC), February 6, 2025--Shandong-based independents’ refining margins for imported crude rebounded in early February, due to a decline in crude costs.

02-06-2025 16:27:13

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