Top News on China Energy markets

From 1 November 2026, every retail fuel sale at licensed petrol stations, marine bunkering barges and rural diesel-only outlets across China must be invoiced automatically.

China's manufacturing PMI fell 0.8 percentage points to 49.3 in October, returning below the 50 threshold after two consecutive months of expansion. While seasonal normalization following September's quarter-end production and front-loaded Christmas shipments contributed to the decline, the simultan

China has expanded its refined product export quota for Q4, following an additional allocation of 5.68 million tonnes announced by the Ministry of Commerce (MOFCOM) on October 29. Total quotas issued across the first three batches have reached 42.93 million tonnes, up 4.7% year on year. Available ex

China's LNG prices climbed again in the week of October 23rd to 29th, and producer profit margins recovered, but high prices are starting to cap demand.

On the demand end, the gasoline and gasoil demand will remain constrained by high prices after recent price adjustment, while gasoil will see certain support from outdoor projects and logistics.

China's LPG market is facing contrasting signals from international costs and domestic fundamentals.

China's natural gas market is expected to gradually ease in 2027 as additional pipeline gas supplies and rising LNG imports improve availability, according to OilChem forecasts. Apparent consumption is projected to increase by 3.6% year on year to 431 billion cubic meters (bcm), while total supply i

Structural demand decline, tighter compliance and volatile supply are reshaping the economics of China's downstream fuel market. For energy companies, the challenge is to reassess market exposure, procurement strategies and asset priorities.

China's LNG prices extended their gains last week as lower domestic production, fewer import arrivals and reduced truck-loading volumes at receiving terminals tightened supply to China's LNG market.

On the demand end, the gasoline consumption is likely to soften for lack of holidays and due to high prices. For gasoil, the traditional peak season will persist in sectors including logistics, engineering projects, and agriculture.