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China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

China's styrene operating rates plummets on intensive production cuts

Shandong (JLC), May 20, 2025--China’s styrene monomer industry saw a significant decline in operating rates in April 2025, with output also shrinking accordingly.

05-20-2025 10:52:00

China to cut fuel ceilings on May 20

Guangzhou (JLC), May 19, 2025--China will mark down its retail ceilings of gasoline and diesel on May 20, 2025 (Tuesday), as international crude prices have dropped over the past 10 working days.

05-19-2025 13:55:25

China’s fuel prices drop for five consecutive weeks

Guangzhou (JLC), May 9, 2025--China’s wholesale gasoline and diesel prices dropped again this week, the fifth week in a row, as international crude prices moved lower and gasoline demand retreated af

05-09-2025 16:23:46

China to cut reserve requirement ratio, policy rate

Guangzhou (JLC), May 7, 2025--China's central bank on Wednesday announced a package of measures to further implement the moderately loose monetary policy and promote the high-quality development of th

05-07-2025 14:09:48

Chinese refiners cut their daily bonded bunker fuel exports in Mar

Guangzhou (JLC), April 22, 2025--Chinese refiners cut their daily bonded bunker fuel exports in March, as their low-sulfur fuel oil (LSFO) production declined.

04-22-2025 18:23:36

China to see year’s largest cut in fuel ceilings on April 18

Guangzhou (JLC), April 17, 2025--China will slash its retail ceilings of gasoline and diesel on April 18, 2025 (Friday), as international crude prices have plunged over the past 10 working days.

04-17-2025 14:13:28

China INE crude price dips after IEA cuts demand growth forecast

Guangzhou (JLC), April 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Wednesday after the International Energy Agency (IEA) downgraded its o

04-16-2025 18:51:14

Chinese refiners cut their LSFO output in March

Guangzhou (JLC), April 14, 2025--Chinese refiners cut their LSFO output in March, because of bad margins and more unit maintenance.

04-14-2025 15:35:55

China INE crude price drops on possible Saudi oil price cut

Guangzhou (JLC), March 31, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Monday amid expectations that Saudi Arabia may slash crude price

03-31-2025 19:04:30

PetroChina to cut its crude runs in 2025

Guangzhou (JLC), March 31, 2025--PetroChina plans to cut its crude runs in 2025 when the company continues to push forward with its transition and upgrade in the refining sector.

03-31-2025 14:19:47

Chinese refiners cut their bonded bunker fuel exports in Jan-Feb

Guangzhou (JLC), March 25, 2025--Chinese refiners cut their bonded bunker fuel exports in January-February 2025, as domestic supply tightened and global bunker demand was relatively tepid.

03-25-2025 16:43:54

Domestic fuel prices drop for seven consecutive weeks

Guangzhou (JLC), March 21, 2025--China’s wholesale gasoline and diesel prices have dropped for seven consecutive weeks, due to weakening gasoline demand and bearish sentiment.

03-21-2025 19:17:08

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

China to cut fuel ceilings on March 20, third time in a row

Guangzhou (JLC), March 19, 2025--China will cut its retail ceilings of gasoline and diesel on March 20, 2025 (Thursday), the third time in a row, as international crude prices have extended losses.

03-19-2025 18:06:35

China to cut fuel ceilings on March 6, second time in 2025

Guangzhou (JLC), March 5, 2025--China will cut its retail ceilings of gasoline and diesel on March 6, 2025 (Thursday), the second time in 2025, as international crude prices have extended losses over

03-05-2025 14:17:15

Chinese SOEs to cut March crude runs on refinery maintenance

Guangzhou (JLC), March 4, 2025--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in March 2025, when several Sinopec refineries come under maintenance.

03-04-2025 16:39:02

China’s fuel prices slip for four consecutive weeks

Guangzhou (JLC), February 28, 2025--China’s wholesale gasoline and diesel prices have slipped for four straight weeks, due to falling international crude prices and weakening gasoline demand.

02-28-2025 17:31:41

China to cut fuel ceilings on February 20

Guangzhou (JLC), February 19, 2025--China will cut its retail ceilings of gasoline and diesel on February 20, 2025, as international crude prices have retreated over the past 10 working day.

02-19-2025 14:15:36

Sinopec cuts its refinery crude runs in 2024

Guangzhou (JLC), February 11, 2025--Sinopec processed 252.30 million mt of crude oil in 2024, down 2.03% from 2023, according to the company’s unaudited operational statistics for 2024.

02-11-2025 18:25:34

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