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Sinopec to enter oil product market in Sri Lanka

Guangzhou (JLC), May 24, 2023--Sinopec has signed a 20-year long term contract regarding oil product import, storage, distribution and sales with the government of Sri Lanka on May 22.

05-24-2023 18:30:44

New quotas may offer little support to domestic oil product market

Guangzhou (JLC), May 15, 2023 – China has released the second batch of 2023 quotas on the exports of oil products (gasoline, diesel and jet fuel).

05-15-2023 18:58:57

China oil product market to improve in Sept on growing demand

China is expected to see an improving oil products market in Sept, as the demand is expected to grow in the traditional peak demand season in the month and independents’ production has been declining.

08-31-2022 14:58:00

Shandong oil product market grapples with multiple drawbacks

Shandong oil product market is grappling with multiple drawbacks.

07-20-2022 17:49:59

Domestic oil product market to stay bullish in October

Guangzhou (JLC), October 8, 2021--The domestic oil product market is expected to stay bullish in October, as supply tends to drop and demand, particularly diesel demand, stays quite strong.

10-08-2021 14:26:19

Domestic oil product market to improve on recovering demand in Sept

Guangzhou (JLC), September 6, 2021--The domestic oil product market is expected to improve in September, as fuel demand is recovering and supply is not seen to change much.

09-06-2021 16:05:40

China oil product markets decline further in August

Beijing (JLC), August 18, 2021--China oil product market extends declines in August, owing to wobbly domestic gasoline and diesel demand as well as little support from international crude market.

08-18-2021 17:06:19

Domestic oil product market to stay weak in August

Guangzhou (JLC), August 4, 2021--The domestic oil product market is expected to stay weak in August, as fuel demand is depressed by the resurgence of the Covid-19 variant and exports are likely to stay low.

08-04-2021 19:02:59

China oil product market to improve in June

Guangzhou (JLC), June 2, 2021--The Chinese oil product market tends to improve in June, as the supply of blended fuel drops amid the levy of consumption tax on imported mixed aromatics and light cycle oil (LCO), despite less refinery maintenance.

06-02-2021 11:01:44

China April oil product market to improve on less supply, more demand

Guangzhou (JLC), April 7, 2021--China’s oil product market is poised to improve in April, due to declining production amid increasing refinery maintenance and growing product demand.

04-07-2021 15:02:51

China oil product market sluggish amid weak demand

Beijing (JLC), October 21, 2020--China's oil product market has been sluggish because of weak demand over the past week, despite the upward expectations on the retail ceilings of gasoline and diesel.

10-21-2020 15:45:37

Olefin deep-processing profits climb on sound oil product market

Beijing (JLC), April 26, 2019--Olefin deep-processing profits climbed in the week over April 19-25, with alkylation, isomerization and aromatization profits averaging CNY111/mt ($16.49/mt), minus CNY29/mt and minus CNY172/mt respectively, JLC data shows.

04-26-2019 16:07:15

Spotlights of China oil product market in 2018

02-12-2019 16:07:16

Oil product market expected to be bearish in February

China's wholesale gasoline and diesel prices are expected to be under downward pressures in February due to limited momentums, according to market sources.

02-11-2019 15:34:34

Domestic oil product market remains slack amid bearish factors

The domestic wholesale oil product market recorded thin trades in the past week due to falling prices amid bearish expectations, according to market sources.

01-04-2019 14:52:31

Oil product market expected to be still under pressure in January

Wholesale prices of oil products from state-owned traders started to rise at first and then drop in December amid tepid sentiment.

01-02-2019 17:58:58

Deep-processing margins buoyant amid fine oil product market

Beijing (JLC), August 21, 2018-- Deep-processing profits fared well this week overall due to the previous bullish oil product market and were expected to drop amid declining international crude prices, weakening refining oil market and high feed gas price.

08-21-2018 11:01:01

Deep processing margins remain low amid soft oil product market

Beijing (JLC), July 12, 2018--Deep processing units recorded slender margins though theoretical margins at alkylation units remained high, as a bleak oil product market dragged.

07-13-2018 16:54:30

Shandong regulates oil product market

The Provincial Bureau of Industry and Commerce in Shandong would carry out a provincial oil product (especially on diesel) market rectification for about three months from January 11th to late March, in order to further strengthen the supervision over the quality of oil products

01-17-2018 10:20:51

Independent refineries are enhancing their presence in China oil product market

As independent refineries’ comprehensive refining capacity improves, they will become a key actor in China oil product market.

12-14-2017 17:54:32

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