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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’s road fuel demand likely to shift in September

Guangzhou (JLC), September 4, 2024 – China’s diesel demand is likely to grow in September which is a traditional high season, while gasoline demand will ease following a peak during the summer travel

09-04-2024 18:03:14

Road fuel demand to be stable to higher in August

Guangzhou (JLC), August 1, 2024 – China’s gasoline demand will continue to be seasonally strong in August, boosted by robust summer travel, and its diesel demand may improve somewhat

08-01-2024 18:46:10

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

Domestic fuel demand tends to grow in April

Guangzhou (JLC), April 2, 2024 – Domestic demand for gasoline and diesel tends to move higher in April while output is likely to drop because of refinery maintenance.

04-02-2024 14:31:32

China’s jet fuel demand to grow 10.1% in 2024: Sinopec

Guangzhou (JLC), March 28, 2024 – China’s jet fuel demand is expected to see a double-digit growth this year, thanks to a strong recovery in the aviation sector and better airport infrastructure, Sino

03-28-2024 19:06:58

China to see mixed fuel demand and ample supply in March

Guangzhou (JLC), March 4, 2024 – China will see divergent fuel demand in March as gasoline demand is likely to shrink after the 40-day Spring Festival travel rush.

03-04-2024 18:56:11

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

Gasoline and jet fuel demand boosted by Chunyun, diesel sluggish

Guangzhou (JLC), February 1, 2024 – Demand for different types of fuel will remain diverged in February, as the 40-day Spring Festival travel rush (known as Chunyun) kicked off on January 26.

02-01-2024 16:57:20

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

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