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China’s gasoline prices inch higher, diesel prices basically stable

G?uangzhou (JLC), January 3, 2025--China’s wholesale gasoline prices inched higher in early 2025, boosted by rising international crude prices and relatively good demand, while diesel prices held basi

01-03-2025 18:17:59

China’s oil product exports surge in Nov before VAT rebate cuts

Guangzhou (JLC), December 10, 2024--Chinese oil companies’ oil product exports rebounded significantly in November, as they had revised up their export plans before a cut in value-added tax (VAT) reba

12-10-2024 15:10:02

China to cut VAT rebate for refined oil export as from December

Guangzhou (JLC), November 15, 2024--China will cut the value-added tax (VAT) rebate for the export of gasoline, diesel and jet fuel to 9% as from December 1, 2024, down from 13%.

11-15-2024 20:37:09

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 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 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

Sinopec records largest single-batch oil product exports

Guangzhou (JLC), July 27, 2023--Oil tanker Megan Glory carrying 90,000 mt of jet fuel from Sinopec Zhongke (Guangdong) Refinery & Petrochemical departed for the Netherlands on the afternoon of July 24

07-28-2023 12:01:26

Bangladesh becomes China’s biggest diesel export market in H1 2023

Guangzhou (JLC), July 20, 2023--Bangladesh rose to the top of China’s diesel export markets in the first half (H1) of 2023, up from the fifth place in the same period of time in 2022.

07-20-2023 17:13:52

Sinochem starts up South China’s largest third-party oil product transit base

Guangzhou (JLC), June 15, 2023--Sinochem Zhuhai Petrochemical Storage and Transportation (Sinochem Zhuhai) put its phase III project into operation on May 30, making the whole project the largest thir

06-15-2023 15:59:32

China’s diesel output jumps in Apr on yearly basis

Guangzhou (JLC), May 18, 2023--China’s diesel production kept surging in April, thanks to improving market fundamentals and recovering domestic demand.

05-18-2023 15:47:04

China releases 2nd-batch 2023 quotas on oil product exports

Guangzhou (JLC), May 11, 2023--China has released the second batch of 2023 quotas on the exports of oil products (gasoline, diesel and jet fuel), according to official sources.

05-11-2023 12:05:41

China boosts 1st-batch 2023 quotas on oil product exports sharply

Guangzhou (JLC), January 3, 2023--China has released the first batch of 2023 quotas on the exports of oil products (gasoline, diesel and jet fuel), boosting the quotas sharply.

01-03-2023 11:14:30

China cuts September gasoline exports on bad margins

Guangzhou (JLC), September 24, 2022--Chinese refiners reduced their gasoline exports in September 2022, because of bad export margins and relatively tight export quota.

10-24-2022 15:38:31

Shandong-based independent refiners stagger on dim demand

Independent refiners in Shandong have had difficulties getting price boosts in recent weeks due to a torpid demand recovery.

07-26-2022 19:20:36

Shandong oil product market grapples with multiple drawbacks

Shandong oil product market is grappling with multiple drawbacks.

07-20-2022 17:49:59

China releases 3rd-batch quota on oil product exports

?Guangzhou (JLC), July 6, 2022--China will release this year’s second batch of quota on oil products (gasoline, diesel and jet fuel) exports soon, and may permit exports of 5.0 mln mt.

07-06-2022 12:39:07

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