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Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

China’s bonded bunker fuel exports grow in April

Guangzhou (JLC), May 21, 2025--China’s bonded bunker fuel exports grew in April, as global shipping demand improved.

05-21-2025 18:26:35

China sees first year-on-year rise in fuel oil output in 16 months

Guangzhou (JLC), May 21, 2025--China’s fuel oil output rose year on year in April 2025, the first time since December 2023, according to the data from the National Bureau of Statistics (NBS).

05-21-2025 18:20:22

China’s bonded bunker fuel imports retreat in April

Guangzhou (JLC), May 20, 2025--China’s bonded bunker fuel imports retreated in April, as domestic refiners reduced their purchases for high-sulfur fuel oil (HSFO) when their inventories were relativel

05-20-2025 17:57:12

China’s fuel oil imports tumble in April

Guangzhou (JLC), May 19, 2025--China recorded a year-on-year plunge in its fuel oil imports in April, as domestic refiners’ buying interest was dampened by higher import costs.

05-19-2025 18:04:02

China’s gasoline prices inch lower, diesel prices rebound

Guangzhou (JLC), May 16, 2025--China’s wholesale gasoline prices inched lower in mid-May, due to weakening demand, while diesel prices rebounded modestly, bolstered by stronger crude prices.

05-16-2025 16:14:58

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

China’s LSFO output declines further in April

Guangzhou (JLC), May 14, 2025--China’s LSFO output declined further in April, as more refineries launched maintenance, also because of still bad production margins.

05-14-2025 17:37:14

Chimbusco launches bonded bunker blending in NE China

Guangzhou (JLC), May 13, 2025--Northeast China has lately seen the launch of bonded bunker fuel oil blending, which was successful practice of China’s upgrade strategy for Pilot Free Trade Zones (FTZ

05-13-2025 18:14:44

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

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

SinoBunker launches biofuel bunkering in East China

Guangzhou (JLC), May 7, 2025--SinoBunker’s bunkering ship “ZHOU SHUN 10” successfully refueled a container ship with 4,200 mt of low-sulfur B24 biofuel in the Chuanshangang port area of Ningbo-Zhoush

05-07-2025 18:40:39

Crude stocks at Shandong ports rally on slower consumption

Guangzhou (JLC), May 2, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in late April, as local independent refiners’ consumption slowed down.

05-02-2025 17:42:50

Changqing Petrochemical’s jet fuel yield hits nearly 5-year high

Guangzhou (JLC), April 30, 2025--PetroChina Changqing Petrochemical’s jet fuel yield has recently reached 16.97%, the highest level in nearly five years, as the Labor Day holiday approaches, PetroChi

04-30-2025 19:12:21

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CNOOC reported o

04-29-2025 15:34:27

Singapore’s daily bunker fuel sales drop in March

Guangzhou (JLC), April 28, 2025--Singapore’s daily bunker fuel sales dropped in March, according to the data from the Maritime and Port Authority of Singapore (MPA)

04-28-2025 17:31:09

Domestic gasoline and diesel prices inch lower

Guangzhou (JLC), April 25, 2025--China’s wholesale gasoline and diesel prices inched lower in the week to April 25, as more participants held a wait-and-see attitude.

04-25-2025 17:14:37

Independents’ crude refining margins retreat in late April

Guangzhou (JLC), April 25, 2025--Shandong-based independents’ refining margins for imported crude retreated in late April, as imported crude costs rallied and independents’ sales revenue decreased.

04-25-2025 11:11:55

China’s bonded bunker fuel imports continue to grow in March

Guangzhou (JLC), April 23, 2025--China’s bonded bunker fuel imports continued to grow in March, due to tighter domestic supply and lower international bunker fuel prices.

04-23-2025 18:21:48

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