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China INE crude price dips after IEA cuts demand growth forecast

Guangzhou (JLC), April 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Wednesday after the International Energy Agency (IEA) downgraded its o

04-16-2025 18:51:14

Domestic oil product output to drop in March, demand to diverge

Guangzhou (JLC), March 3, 2025--Chinese refiners are likely to cut their output of gasoline, diesel and jet fuel in March 2025, because of more refinery maintenance, while fuel demand diverges.

03-03-2025 16:49:20

SOEs to hike Feb diesel output on expectation of recovering demand

Guangzhou (JLC), February 18, 2025--Chinese state-owned enterprises (SOEs) plan to boost their diesel production in February 2025, due to the expectation of recovering demand.

02-18-2025 15:53:22

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

Domestic gasoline demand to stay relatively strong in February, diesel to recover slowly

Guangzhou (JLC), February 8, 2025--Domestic gasoline demand will stay relatively strong in February 2025, because of peak travel around the Chinese New Year, while diesel demand will recover slowly.

02-08-2025 14:01:14

China INE crude rallies on prospect of rising fuel demand for heating

Guangzhou (JLC), January 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Friday as freezing conditions in parts of the US and Europe are expect

01-10-2025 18:51:45

China’s gasoline prices jump on growing demand and stronger crude, diesel up modestly

Guangzhou (JLC), January 10, 2025--China’s wholesale gasoline prices climbed significantly in the week ending January 10, 2025, boosted by growing demand and stronger international crude prices.

01-10-2025 15:46:16

Chinese SOEs to boost January crude runs as demand grows

?Guangzhou (JLC), January 7, 2024--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in January 2025, as demand for gasoline and jet fuel will become seasonally strong.

01-07-2025 15:37:23

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 oil demand to peak around 2027: Sinopec

Guangzhou (JLC), December 23, 2024 – China's oil consumption is expected to peak around 2027, according to Sinopec’s China Energy Outlook 2060 (2025 version).

12-23-2024 18:37:05

China INE crude price rallies on signs of growing Chinese demand

Guangzhou (JLC), December 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after data pointed to rising oil demand from China.

12-10-2024 19:02:28

SOEs to slash December diesel output amid seasonally weak demand

?Guangzhou (JLC), December 9, 2024--State-owned enterprises (SOEs) plan to cut their diesel production sharply in December 2024 when domestic demand turns seasonally weak.

12-09-2024 15:05:48

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

China LPG imports drop in Oct on high costs and limited demand

Beijing (JLC), November 26, 2024—In October, China’s LPG imports totaled 3 million mt, down by 254,800 mt or 7.82% on month, according to data from the General Administration of Customs of the PRC.

11-26-2024 14:36:47

China INE crude price up on geopolitical tensions, growing Indian demand

Guangzhou (JLC), November 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, supported by ongoing tensions between Russia and Ukr

11-25-2024 19:03:06

Domestic refiners produce more asphalt in Oct on seasonal demand

Beijing (JLC), November 20, 2024—China’s petroleum asphalt output totaled around 2.12 million mt in October, swelling by 217,000 mt or 11.4% month on month, JLC’s data showed.

11-20-2024 15:30:10

China INE crude price retreats on Chinese demand concerns

Guangzhou (JLC), November 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday as weak data raised concerns over China’s oil demand.

11-18-2024 18:27:09

Domestic gasoline demand to shrink in November, diesel largely stable

Guangzhou (JLC), November 4, 2024--Domestic gasoline demand is likely to shrink in November when there is no public holiday, while diesel demand tends to be largely stable.

11-04-2024 16:26:40

China INE crude price extends gains on optimism over China’s oil demand

Guangzhou (JLC), October 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Wednesday, supported by renewed optimism about China’s oil de

10-23-2024 19:01:59

Sinopec copes with demand shift through refinery upgrade

Guangzhou (JLC), October 17, 2024 –Sinopec highlighted the importance of refinery transformation and upgrade in the face of a changing demand outlook.

10-17-2024 18:34:03

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