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China’s fuel oil imports from Russia plunge in H1 2025

Guan?gzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Independents' refining margins for imported crude plunge

Guangzhou (?JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

China's oil product exports plunge in May

Guangzhou (JLC), June 9, 2025--Chinese oil companies' oil product exports plunged in May 2025, according to the preliminary data released by the General Administration of Customs of the PRC (GACC).

06-09-2025 17:37:30

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

China’s fuel oil imports plunge in Q1

Guangzhou (JLC), April 21, 2025--China’s fuel oil imports plunged in the first quarter (Q1) of 2025, as independent refiners’ demand slumped amid a hike in the country’s temporary customs d?uties on i

04-21-2025 16:56:52

China’s fuel prices retreat as crude prices plunge

Guangzhou (JLC), April 11, 2025--China’s wholesale gasoline and diesel prices retreated in the week to April 11, mainly because of a plunge in international crude? prices.

04-11-2025 19:17:26

Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

China's fuel oil imports plunge in first two months of 2025

Guangzhou (JLC), March 21, 2025--China recorded a year-on-year slump in its fuel oil imports in the first two months of 2025 when demand from independent refiners weakened.

03-21-2025 18:11:28

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China’s fuel oil output plunges by 18.4% in 2024

Guangzhou (JLC), January 21, 2025--China’s fuel oil output plunged by 18.4% year on year in 2024, reversing a yearly increase of 4.9% in 2023, according to the data from the National Bureau of Statist

01-21-2025 18:14:30

China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

Independents’ refining margins for imported crude plunge

Guang?zhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

China’s bonded bunker fuel exports plunge in October, imports surge

Guangzhou (JLC), December 2, 2024--China’s bonded bunker fuel exports plunged significantly in October, hitting an eight-month low, due to tight low-sulfur fuel oil (LSFO) supp?ly, while bonded bunker

12-02-2024 17:02:13

Crude stocks at Shandong ports plunge in late November

Guangzhou (JLC), November 28, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports plunged in the week to November 28, as more feedstock was delivered out of local ports.

11-28-2024 17:59:18

China's apparent fuel oil consumption plunges on year in October

Guangzhou (JLC), November 22, 2024--China's apparent consumption of fuel oil dived in October on a year-on-year basis, largely due to lower output.

11-22-2024 18:08:59

China's oil product exports plunge in October

Guangzhou (JLC), November 10, 2024--Chinese companies' oil product exports plunged in October, which could be ascribed to short quotas towards the end of the year.

11-10-2024 15:09:21

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

China’s MTBE exports plunge in September

Beijing (JLC), October 25, 2024, 2024--China exported 76,600 mt of MTBE in September, slumping by 68.12% month on month and down by 47.59% year on year, according to data from the GACC.

10-25-2024 11:54:21

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