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Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

China’s bonded bunker fuel imports retreat in June

Guangzhou (JLC), July 23, 2025--China’s bonded bunker fuel imports retreated in June, mainly because of larger domestic production.

07-23-2025 18:31:32

China's bonded bunker fuel exports surge in June

Guangzhou (JLC), July 23, 2025--China's bonded bunker fuel exports rebounded rapidly in June, because of delayed customs clearance of some cargoes and an increase in domestic low-sulfur fuel oil (LSF

07-23-2025 18:23:26

China’s fuel oil output climbs in June

Guangzhou (JLC), July 22, 2025--China’s fuel oil output climbed in June, because of increasing crude runs amid unit restarts.

07-22-2025 17:36:21

China’s fuel oil imports from Russia plunge in H1 2025

Guangzhou (JLC), July 21, 2025--China recorded a plunge in its fuel oil imports from Russia in the first half (H1) of this year, which could be attributed to weakening demand and relatively high impo

07-21-2025 16:53:23

China's fuel prices fall again as crude slips

Guangzhou (JLC), July 18, 2025--China's wholesale gasoline and diesel prices fell again in mid-July, tracking a modest slip in international crude prices.

07-18-2025 17:05:18

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

China's fuel prices drop amid expectation of lower retail ceilings

Guangzhou (JLC), July 11, 2025--China's wholesale gasoline and diesel prices moved lower in the week ending July 11, mainly because of an expected cut in the country's fuel retail ceilings.

07-11-2025 17:46:19

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

China's fuel prices retreat as crude prices drop, supply increases

Guangzhou (JLC), July 4, 2025--China's wholesale gasoline and diesel prices retreated in early July, putting an end to five consecutive weeks of rises, as international crude prices went lower and do

07-04-2025 18:56:02

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

China’s bonded bunker fuel sales largely stable in H1

Guangzhou (JLC), July 1, 2025--China’s bonded bunker fuel sales held largely stable in the first half (H1) of 2025, due to multiple factors.

07-01-2025 19:06:44

China's gasoline and diesel prices rise for five consecutive weeks

Guangzhou (JLC), June 27, 2025--China's wholesale gasoline and diesel prices continued to rise in late June, the fifth week in a row, supported by the expectation of higher retail ceilings and relati

06-27-2025 19:22:01

Independents' crude refining margins grow in late June

Guangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

Singapore’s bunker fuel sales jump to 16-month high in May

Guangzhou (JLC), June 25, 2025--Singapore’s bunker fuel sales jumped to a 16-month high in May, as global bunkering demand rallied after China and the US announced a joint statement on trade and tari

06-25-2025 19:00:32

China’s bonded bunker fuel imports rebound in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel imports rebounded in May, as domestic refiners increased purchases of imported low-sulfur fuel oil (LSFO) when domestic supply tightened.

06-24-2025 18:49:33

China’s bonded bunker fuel exports tumble in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel exports tumbled in May, which could be ascribed to the trade war between China and the US and a further decline in domestic production.

06-24-2025 18:48:18

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