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China’s March crude throughput grows amid industry recovery

Guangzhou (JLC), April 16, 2024 – China’s crude throughput grew in March 2024, as state-run refineries ramped up crude runs to meet the growing demand from different sectors.

04-16-2024 18:59:59

China aims to quicken international aviation recovery in H2 2023

Guangzhou (JLC), July 28, 2023--China intends to boost international flights to accelerate the recovery of international air travel in the second half of 2023 (H2 2023).

07-28-2023 15:26:03

China's gasoline output shows signs of recovery in Jan-Feb

Guangzhou (JLC), March 20, 2023 – China's gasoline output stood at 419,800 mt/day in the first two months of 2023, a rise of 11.71% from 375,800 mt/day recorded in December 2022.

03-20-2023 16:43:47

China’s gasoline prices extend gains on demand recovery

Guangzhou (JLC), January 13, 2023--China’s gasoline prices extended gains this week, as gasoline demand kept growing after the Spring Festival travel rush began on January 7.

01-13-2023 14:53:24

China cuts first two batches of crude quotas before full recovery

Guangzhou (JLC), January 10, 2023--China has released the first two batches of non-state crude import quotas for 2023, cutting them sharply before domestic demand recovers fully.

01-10-2023 16:57:07

China INE crude price inches higher on hopes for demand recovery

Guangzhou (JLC), December 28, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) edged up on Wednesday, amid the prospect of fuel demand recovery in China as it i

12-28-2022 19:40:16

China boosts its LCO imports amid demand recovery prospect

Guangzhou (JLC), September 26, 2022--China’s August light cycle oil (LCO) impo?rts surged on month, amid anticipation of recovering demand and an extremely low level in July.

09-26-2022 18:11:01

Shandong’s Aug crude imports up on demand recovery outlook

Guangzhou (JLC), Sept 1, 2022--Shandong independent refiners and traders boosted their crude imports in August, amid a forecast that domestic fuel demand would pick up in September.

09-01-2022 18:46:00

State-owned refineries’ run rates drop as demand recovery stalls in August

Guangzhou (JLC), September 1, 2022--Chinese state-owned refineries' operating rates retreated in August as fuel demand recovery came to a stall and refineries’ oil product stocks were still high.

09-01-2022 15:01:18

INE crude extends gains on US inventory draw, China's demand recovery

Guangzhou (JLC), September 16, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) increased sharply on Thursday, in light of a bigger-than-expected US crude inventory draw and recovering oil demand in China.

09-16-2021 18:23:06

China's bunkering to keep resilient despite Hong Kong's service recovery

Beijing (JLC), June 16, 2021--China Mainland’s bunkering activity will remain buoyant in the short term, though Hong Kong has loosened its COVID-19 related restrictions on ship bunkering service.

06-16-2021 16:06:12

INE crude extends gains on US economy recovery

Guangzhou (JLC), April 30, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) increased further on Friday, on the back of bullish GDP data from the United States.

04-30-2021 19:37:03

INE crude retreats as OPEC+ sees slower demand recovery

Guangzhou (JLC), April 1, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) dropped slightly on Thursday, when OPEC+ sees slower demand recovery amid new lockdowns and OPEC’s production rose in March.

04-01-2021 19:39:09

INE crude rallies on expectation of stronger demand recovery, tighter supply

The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Friday, as OPEC saw higher oil demand in the second half of 2021, and the market expected tightening supply.

03-12-2021 18:54:15

INE crude stuck on building US crude stock, China’s demand recovery

The price of crude futures on the Shanghai International Energy Exchange (INE) stabilized on Wednesday with negative impact from building crude inventories in the US but support from improving demand from China.

12-16-2020 18:48:20

INE crude rallies on optimism for Asian oil demand recovery

The price of crude futures on the Shanghai International Energy Exchange (INE) inched higher on Tuesday, with support from optimism about Asian oil demand and bullish non-farm data in the U.S.

08-11-2020 18:13:26

INE crude slips on worries over demand recovery, supply glut

The price of crude futures on the Shanghai International Energy Exchange (INE) declined further on Monday, amid demand concerns raised by surging infections and the easing of OPEC+ output cuts.

08-03-2020 19:46:52

INE crude falls as coronavirus spikes cause worries about demand recovery

The price of crude futures on the Shanghai International Energy Exchange (INE) declined on Friday as worsening coronavirus pandemic has raised worries about global oil demand recovery.

07-10-2020 18:54:04

INE crude stable amid gasoline demand recovery, crude stock surge

The price of crude futures on the Shanghai International Energy Exchange (INE) didn’t change much on Thursday, with support from the US gasoline demand recovery but negative impact from a build in crude inventory.

07-09-2020 18:32:32

INE crude edges up amid supply cuts and China’s economic recovery

The price of crude futures on the Shanghai International Energy Exchange (INE) rallied further on Wednesday, because of production cuts and China strong economic recovery.

07-08-2020 19:11:07

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