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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 rise slows on limited impact of Red Sea tensions

Guangzhou (JLC), December 20, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday amid geopolitical tensions near the Red Sea, but t

12-20-2023 17:55:30

Recent arbitrage inflow has limited impact on domestic market

Guangzhou (JLC), May 10, 2023 – the domestic market has witnessed the opening of an arbitrage window for importing gasoline and diesel lately, JLC’s data indicates.

05-10-2023 17:13:27

China INE crude stops falling on limited impact from potential crude release

Guangzhou (JLC), November 23, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) stopped falling on Tuesday, as impacts from talk of a coordinated release of crude reserves wound down.

11-23-2021 18:59:08

INE crude boosted by US crude stock falls, limited by fuel demand worries

Guangzhou (JLC), July 29, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rose slightly on Thursday, bolstered by the US crude inventory draws, but capped by worries that fuel demand could plateau.

07-29-2021 18:58:02

Zhoushan limits bonded bunkering at night before July 10

Beijing (JLC), June 30, 2021--The local government at Zhoushan eastern Zhejiang province prohibited the bonded bunkering operation at night amid the big events of Communist Party of China (CPC).

06-30-2021 15:36:39

Guangdong limits travel amid COVID-19

Beijing (JLC), June 22, 2021--China’s local government in southern Guangdong province has limited the travel of the people in the province, because of the reemergence of the COVID-19 cases.

06-22-2021 17:25:20

MTBE market not likely to shoot up in September on limited demand

China MTBE market may rise in September, a traditional high demand season, but the improvement may be restricted by subdued demand compared with a year before.

09-02-2020 17:00:23

Blended oil prices saw limited rises

Beijing (JLC), August 26, 2019--Alkylated gasoline prices saw limited rises as the demand was not strong and the support from costs declined.

08-26-2019 16:44:23

Little impact of production limits on Shandong independents

Beijing (JLC), July 24, 2019--The production restriction would be 30% on refiners during August and September in Zibo city, Shandong province, but it may not affect the market amid low loads of the refiners.

07-23-2019 17:05:22

Production limits have little impact on naphtha supply

Beijing (JLC), July 22, 2019--A three-month production limits to be launched in Zibo from July will present little impact on local naphtha supply.

07-22-2019 17:41:34

China may relax limits on refined oil export quotas for refineries

Beijing (JLC), July 9, 2019--China may relax limits on refined oil export quotas for refineries in a bid to ease the oversupply in the domestic market, according to a top industry official.

07-09-2019 16:11:30

China LPG prices weak amid limited demand

China domestic LPG prices weakened amid poor demand recently, despite the firm prices amid strong crude and international LPG prices right after the Lunar New Year holiday

02-27-2019 17:19:34

The spread between HS, LS FO is limited

Beijing (JLC), January 14, 2019--It is too early to say there is limited spread between high and low sulfur fuel oil before International Maritime Organization (IMO)’s 2020 sulfur cap is launched, as the demand for high sulfur fuel oil remains stronger than that for low sulfur one, JLC believed.

01-14-2019 17:00:19

Update: Jiangsu Xinhai is waived for production halt and limitation in winter

Independent refiner Jiangsu Xinhai Petrochemical has received a waiver from the local Jiangsu government from autumn and winter refinery production restrictions aimed at reducing air pollution.

01-04-2019 18:17:33

Petroleum resin exports decline amid limited supply in Sep

According to General Administration of Customs of the PRC, in January-September 2017, China imported petroleum resin of about 44,600 mt, down 27.81% year on year

11-06-2017 17:16:08

Oil price increase was limited as U.S. output climbed

The OPEC monthly report released on July 12th (Wednesday) confirmed the fact that OPEC crude output continued rising in June, but such bearish news for the market has been digested before in the foreign investigation result.

07-14-2017 17:24:59

Growth scope of crude futures was limited amid speculation atmosphere getting pale

On May 16th(Tuesday), the speculation atmosphere caused by Russia and Saudi Arabia’s decision to extent 9 months of the output cut agreement. The price growth scope of crude futures was limited amid the failure to solve crude oil oversupply problem.

05-16-2017 17:29:22

China Oilfield Services Limited (COSL) lost CNY11.4 billion in 2016

China Oilfield Services Limited (COSL) released the 2016 annual report on March 22nd, which showed that the company lost CNY11.4 billion in 2016, but the company still setaside 238 million for cash bonus.

03-23-2017 16:19:21

Yan'an Refinery overhaul endows limited impact on oil products market

As is known to JLC, the oil refining units of Yan’an Refinery, affiliating to Yanchang Group, pulled up on March 7th to get about 20 days’ routine overhaul beginning on March 11th, and only 1 million mt/yr of catalytic unit will get overhaul for 50 days or so from middle March.

03-22-2017 08:39:39

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