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China to license 49 fuel oil importers in 2022

Guangzhou (JLC), October 7, 2021--China will license another 49 companies to import fuel oil in 2022, according to a recent announcement by the country’s Ministry of Commerce (MOC).

10-07-2022 23:09:55

Amendment to crude import supervision saves money for importers

Chinese crude importers have saved both time and costs since they have been allowed to unload their cargoes before laboratory test for quality as from October 1.

11-12-2020 15:51:10

Asia Pacific to become world's only net importer of crude oil

Beijing (JLC), August 26, 2019--China National Petroleum Corporation (CNPC) researchers forecast in a new report that Asia Pacific will become the only territory in the world that imports crude oil more than it exports.

08-26-2019 11:42:43

US to lift sanctions waivers to Iran’s crude importers

Beijing (JLC), April 25, 2019--The US Secretary announced on April 22, 2019 the country would stop issuing sanctions waivers to Iran’s crude importers.

04-25-2019 17:46:44

LPG importers see more profits in H1 Jan

Importing LPG has decent gross profits averaged CNY551/mt in the first half of January (H1 Jan), up about 23% from the second half of December (H2 Dec), JLC data shows

01-24-2019 09:42:17

LPG importers turn profits to losses in H2 Oct

Chinese importers saw their imported LPG gross profits averaging minus CNY177/mt in the second half of October, turning from profits to losses

11-12-2018 17:26:00

LPG Importers get back to the black on worse Sino-US trade war

Importers had strong will to push up LPG prices in early and mid-July, with losses turning into gains, due to the postponed imported LPG arrivals on some wharfs and trade tensions with the US.

07-18-2018 13:54:24

LPG importers cut their imports in April to lower risks

China's LPG importers cut their spot imports in the first half of April to lower the probable risks, as downstream users were reluctant to purchase amid ample inventory and bearish expectation.

04-19-2018 11:28:00

LPG importers cut imports to ensure profit in H1 April

LPG importers in China cut their spot purchases amid weakened demand to ensure profits in April. The imports in April are expected to be 1.2-1.3 million mt, down from March

04-18-2018 18:12:19

IEA Energy Outlook: China to be the world largest oil importer in 2020

Recently, IEA issued World Energy Outlook 2017-China Special Report in Beijing, noting that China would be the world largest crude oil importer around 2020.

12-14-2017 10:25:39

LPG importers are in great losses

June CP kept same with May CP, failing to bring support to imported LPG market in China. On the contrary, high cost of importing LPG and falling price of selling imported LPG to domestic market pressed LPG importers.

06-20-2017 14:56:27

China became the world largest crude oil importer in Q1 due to SPR

In the first quarter China imported crude oil 8.55 million barrels per day, outpacing 8.18 million barrels per day of America and becoming the world largest crude oil importer.

04-17-2017 16:26:52

China is expected to surpass U.S. as the world largest crude oil importer

Keisuke Sadamori from IEA said in an interview, amid the demand growth, China was expected to surpass America as the world largest crude oil importer this year.

03-29-2017 14:33:31

China's imported crude oil rose from 2015 to become the largest crude oil importer

According to the data, in September China's imported crude oil rose by 18% YoY to 33.06 million mt, around 8.04 million bbl/d, higher than 7.98 million bbl/d in the US at the same period and became the world's largest crude oil importer.

10-31-2016 17:51:14

China ranks the global largest crude importer surpassing America

10-17-2016 16:37:01

Surged BTX aromatics caused losses of some importers

Domestic blended oil traders increased its demand on other BTX aromatics as the implementation of NationalⅤ refined oil standards. BTX aromatics imports surged in early 2016. How is the domestic imported aromatic market operation? How is the market future development prospects?

06-20-2016 15:29:38

Asian countries are the main crude importers for Saudi Aramco

Saudi Aramco’s annual report read, in 2015 the crude exporting to Asian countries made up 65% of the total crude imports of Saudi Aramco, including China, Japan, South Korea, Philippines and India.

06-16-2016 16:51:32

IEA: China becoming the largest crude importer for Russia

IEA read in its newest monthly report, by the end of 2015 China had passed Germany to be the largest crude importer for Russia.

03-14-2016 14:09:13

China LPG importers eye a good chance as overseas suppliers scramble for market shares

Though China’s LPG import volume from Iran has not yet seen a notable increase since the lift of sanctions, market participants believe that Iran’s supply of LPG will rise largely and take a rising percentage in China’s total LPG imports over the medium and long term.

10-19-2015 14:58:14

China strides beyond US becoming the largest global crude oil importer

China crude oil imported volume was more than American in April. It revealed the first great change for global energy structure over the last decade.

05-12-2015 11:39:50

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