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OIL PRODUCTS: China’s Bonded Bunker Fuel Consumption Down 2.5% in Jan: OilChem

OIL PRODUCTS

China’s bonded bunker fuel consumption was about 1.65m mt in January, according to OilChem.

  • This is down 2.5% on the month, driven by weaker demand, OilChem added.
  • Consumption was also affected by the release of a new batch of LSFO export quotas in 2025, OilChem said.
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China’s bonded bunker fuel consumption was about 1.65m mt in January, according to OilChem.

  • This is down 2.5% on the month, driven by weaker demand, OilChem added.
  • Consumption was also affected by the release of a new batch of LSFO export quotas in 2025, OilChem said.