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Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

New quotas to allow relatively high oil product exports in Q4

Guangzhou (JLC), September 23, 2024--The recent release of China’s third batch of quotas on clean oil products will enable Chinese oil companies to have relatively high exports in Q4.

09-23-2024 18:16:39

China releases 3rd-batch 2024 quotas on oil product exports

Guangzhou (JLC), September 20, 2024--China has released the third batch of 2024 quotas on the exports of clean oil products (gasoline, diesel and jet fuel), setting the quotas at 8.0 million mt.

09-20-2024 14:38:29

China releases 2nd-batch 2024 quotas on oil product exports

Guangzhou (JLC), May 7, 2024--China has released the second batch of 2024 quotas on the exports of oil products (gasoline, diesel and jet fuel), setting the quotas at 14.0 million mt.

05-07-2024 11:56:17

China’s LSFO output leaps in January amid fresh quotas

Gu?angzhou (JLC), February 19, 2024--Chinese refiners boosted their low-sulfur fuel oil (LSFO) production in January, encouraged by the release of new export quotas.

02-19-2024 19:06:05

Independents unload more imported cargoes amid new quotas

Guangzhou (JLC), January 12, 2024--Shandong-based independent refiners and traders have unloaded more imported feedstock so far this month, as they increased purchases at the end of 2023 amid expectat

01-12-2024 16:18:18

China releases quotas on 2024 crude imports

Guangzhou (JLC), January 2, 2024--China has released the second batch of non-state crude import quotas for 2024, permitting 179.01 million mt of crude imports.

01-02-2024 12:11:27

China keeps 1st-batch 2024 quotas on oil product exports largely stable

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of oil products (gasoline, diesel and jet fuel), setting the quotas at 19.0 million mt.

12-29-2023 16:15:43

China releases 1st-batch 2024 quotas on LSFO exports

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of low-sulfur fuel oil, setting the quotas at 8.0 million mt.

12-29-2023 16:00:01

China raises fuel oil import quotas for 2024

?Guangzhou (JLC), December 26, 2023--China has increased its quotas on non-state fuel oil imports for 2024, due to recovering demand.

12-26-2023 21:06:35

Independents cut November’s crude imports amid quota tightness

Guangzhou (JLC), December 8, 2023--Shandong-based independent refiners and traders cut their crude imports both on month and year in November, due to quota tightn?ess.

12-08-2023 15:49:55

China issues additional quota on fuel oil imports for 2023

Guangzhou (JLC), November 24, 2023-China's Ministry of Commerce has issued additional quota on three million mt of non-state fuel oil imports for 2023, according to an official notice.

11-27-2023 15:13:11

Shandong independents acquire additional quota on fuel oil imports-market sources

Guangzhou (JLC), November 8, 2023-The Department of Commerce of Shandong Province has just notified local independent refiners about additional quota on about three million mt of fuel oil imports.

11-08-2023 11:54:36

State-owned refinery run rates drop on weaker demand and short quota

Beijing (JLC), November 3, 2023--Chinese state-owned oil refineries' run rates slipped again in the week to November 1 (Wednesday), due to sluggish fuel demand and tight export quota, JLC data shows.

11-03-2023 10:45:20

Chinese refiners to cut oil product exports on short quota in Nov-Dec

Guangzhou (JLC), October 25, 2023--Chinese refiners are likely to reduce their exports of oil products (gasoline, diesel and jet fuel) in the last two months of 2023, as they have run short of quota.

10-25-2023 13:52:44

Independent refiners face crude quota tightness in Q4

Guangzhou (JLC), October 16, 2023—Chinese independent refiners are facing tight imported crude quotas in the last quarter of 2023, and they may switch to more alternative feedstocks.

10-16-2023 10:29:10

China releases fourth batch of crude import quotas for 2023

Guangzhou (JLC), October 7, 2023--China has released this year's fourth batch of quotas on non-state crude oil imports, permitting 9.54 mln mt of imports, according to official sources.

10-07-2023 15:47:58

China releases third-batch export quotas on oil products

Guangzhou (JLC), September 1, 2023 – China has released this year’s 3rd batch of export quotas on oil products (gasoline, diesel and jet fuel), permitting another 12 mln mt of exports.

09-01-2023 11:08:39

Chinese refiners to use 88.5% of their oil product quotas by end of August

Guangzhou (JLC), August 25, 2023--Chinese refiners are expected to use about 88.5% of their first two batches of oil product export quotas before the end of August 2023.

08-25-2023 17:42:09

China to release 3rd batch of LSFO export quotas soon

Guangzhou (JLC), August 11, 2023 – China is likely to release the 3rd batch of export quotas for low-sulfur fuel oil (LSFO) in the coming days, with about 5 million mt expected in this round.

08-11-2023 18:19:40

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