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China INE crude rallies on prospect of rising fuel demand for heating

Guangzhou (JLC), January 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Friday as freezing conditions in parts of the US and Europe are expect

01-10-2025 18:51:45

China INE crude price rallies on US fuel demand optimism

Guangzhou (JLC), July 2, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday amid expectations of robust fuel demand in the US.

07-02-2024 18:19:15

China INE crude price slips on US fuel demand concerns

Guangzhou (JLC), May 31, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Friday amid fears for the US fuel demand and economy.

05-31-2024 19:01:45

China INE crude price slips on signs of weak US fuel demand

Guangzhou (JLC), May 22, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Wednesday amid signals of weak US fuel demand ahead of the Memorial Day ho

05-22-2024 18:12:41

State-owned refinery run rates up on higher fuel demand

Beijing (JLC), February 7, 2024-- Chinese state-owned oil refineries' run rates rose in the week to February 7, 2024 (Wednesday) due to strong gasoline demand, JLC’s data show.

02-07-2024 18:18:44

Sinopec and PetroChina cut December crude runs on dim fuel demand

Guangzhou (JLC), January 8, 2024--Sinopec and PetroChina both reduced their crude runs in December, as domestic fuel demand remained muted.

01-08-2024 17:19:23

Chinese refiners cut November crude runs on less fuel demand

Guangzhou (JLC), December 15, 2023--Chinese refiners reduced their crude runs further in November as fuel demand weakened and they faced the constraint of quota on fuel exports and bad export margins.

12-15-2023 11:31:42

SOEs to cut December crude runs on less fuel demand

Guangzhou (JLC), December 14, 2023--State-owned enterprises plan to cut their crude throughput in December 2023 as fuel demand tends to weaken in an offseason, despite less refinery maintenance.

12-14-2023 14:41:12

Sinopec and PetroChina reduce November crude runs as fuel demand weakens

Guangzhou (JLC), December 1, 2023--Sinopec and PetroChina both cut their crude runs in November, as fuel demand shrank and export quotas were tight.

12-01-2023 18:44:22

Shandong independents’ run rates down on less fuel demand, bad margins

?Guangzhou (JLC), November 1, 2023--Shandong independent refiners lowered their operating rates again in the week to November 1, due to shrinking fuel demand, bad refining margins and tight quota on c

11-01-2023 18:18:09

PetroChina and Sinopec boost February crude runs on growing fuel demand

Guangzhou (JLC), March 6, 2023—Sinopec and PetroChina raised their crude runs in February 2022, in view of recovering domestic fuel demand and bright market prospects.

03-06-2023 11:28:20

Sinopec and PetroChina cut December crude runs on weak fuel demand

Guangzhou (JLC), January 1, 2023--Sinopec and PetroChina cut their crude runs in December 2022, due to weak domestic fuel demand, despite large oil product exports.

01-01-2023 15:48:49

PetroChina cuts October crude runs on weak fuel demand

Guangzhou (JLC), November 3, 2022--PetroChina processed less crude in October, as fuel demand was hit further by tightening virus-related restrictions.

11-03-2022 14:52:26

Shandong independents’ run rates slip on weak fuel demand

Guangzhou (JLC), November 2, 2022--Shandong-based independent refiners’ run rates slipped further in the week to November 2 when fuel demand was hit more significantly by tightening restrictions.

11-02-2022 19:16:11

State-run refineries’ run rates rise on growing fuel demand in July

?Guangzhou (JLC), August 3, 2022--Chinese state-run refineries' operating rates extended gains month on month in July as fuel demand, particularly gasoline demand, was growing in the peak summer seaso

08-03-2022 17:35:24

State-run refineries’ run rates rally on recovering fuel demand in June

Guangzhou (JLC), July 1, 2022--Chinese state-run refineries' operating rates rebounded month on month in June as fuel demand, particularly gasoline demand, was recovering.

07-01-2022 18:56:17

State-run refineries’ run rates extend drops on weak fuel demand in May

Guangzhou (JLC), June 6, 2022--Chinese state-run refineries' operating rates extended drops in May as fuel demand remained sluggish amid virus-related restrictions, after hitting a two-year low in Apr

06-06-2022 11:04:51

Domestic fuel demand expected to rally in May

Guangzhou (JLC), May 6, 2022--Domestic fuel demand is expected to recover gradually in May as China is easing its restrictions in some regions, particularly in northern regions, and aims to restore no

05-06-2022 11:29:11

China's March crude runs drop as fuel demand shrinks

Guangzhou (JLC), April 18, 2022—Chinese refiners cut their crude throughput in March 2022 when domestic fuel demand plunged because of the outbreak of COVID-19 in many cities.

04-18-2022 13:54:52

State-run refineries cut run rates on weak fuel demand

Guangzhou (JLC), April 8, 2022--Chinese state-run refineries cut their operating rates further this week, because of weak demand amid negative impact from the recent surge in domestic infections and s

04-08-2022 11:21:23

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