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State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May 29, 2025--Chinese state-owned oil refineries' run rates fell to a 33-month low in the week ending May 28, still affected by maintenance.

05-29-2025 19:17:33

Crude stocks at Shandong ports drop modestly

Guangzhou (JLC), May 29, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending May 29, JLC's data shows.

05-29-2025 19:08:58

China INE crude price rebounds after court blocks Trump’s tariffs

Guangzhou (JLC), May 29, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) bounced back on Thursday after a U.S. trade court blocked President Donald Trump’s tar

05-29-2025 18:40:31

Independents’ refining margins for imported crude surge

Guangzhou (JLC), May 29, 2025--Shandong-based independents’ refining margins for imported crude surged in late May, as crude costs retreated and sales revenue increased.

05-29-2025 16:20:15

China’s apparent fuel oil consumption increases in April

Guangzhou (JLC), May 28, 2025--China’s apparent consumption of fuel oil increased month on month in April, because of surging imports, despite higher exports and lower output.

05-28-2025 19:16:53

PetroChina Guangdong's May asphalt output sets new high

Guangzhou (JLC), May 28, 2025--As of May 26, PetroChina Guangdong Petrochemical's 70A asphalt production in May surpassed 80,000 mt, reaching a new high, Workers' Daily reported on May 28.

05-28-2025 19:16:28

Shandong independents' run rates drop for nine weeks in a row

Guangzhou (JLC), May 28, 2025--Shandong independent refiners' operating rates extended falls in late May, the ninth week in a row, as more units came under maintenance.

05-28-2025 19:12:16

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

Zhongjing Petrochemical’s new PDH comes online

Beijing (JLC), May 27, 2025--Fujian Zhongjing Petrochemical’s third PDH unit, with a production capacity of 900,000 mt/yr, was put into operation on May 15.

05-28-2025 18:18:59

Sinopec Qilu raises Shengli crude processing ratio, jet fuel output

Guangzhou (JLC), May 28, 2025--Sinopec Qilu Petrochemical increased the processing ratio of Shengli crude and the production of jet fuel and petroleum coke, in an effort to cut costs and amplify margi

05-28-2025 15:21:05

PetroChina Dalian makes new progress with relocation project

Guangzhou (JLC), May 27, 2025--PetroChina Dalian Petrochemical is pushing ahead with its relocation project, with a new notice regarding the phase I construction released.

05-27-2025 19:06:31

China INE crude price inches higher on weaker yuan

Guangzhou (JLC), May 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Tuesday on the back of a depreciation of Chinese currency.

05-27-2025 18:38:44

China sees more LPG imports in Apr amid tariff tensions

Beijing (JLC), May 27, 2025—In April 2025, China’s LPG imports totaled 3.15 million mt, up 9.13% month on month and 7.92% year on year, data from the General Administration of Customs of the PRC.

05-27-2025 13:36:52

China INE crude price rallies as Trump extends EU tariff deadline

Guangzhou (JLC), May 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday following U.S. President Donald Trump’s decision to delay the 50%

05-26-2025 18:52:09

Singapore’s daily bunker fuel sales rise in April

Guangzhou (JLC), May 26, 2025--Singapore’s daily bunker fuel sales rose in April, according to the data from the Maritime and Port Authority of Singapore (MPA).

05-26-2025 18:42:28

China's apparent naphtha consumption sets 9-month low

Guangzhou (JLC), May 26, 2025--China's daily apparent consumption of naphtha reached a 9-month low in April 2025, dragged down by lower production and slightly fewer imports.

05-26-2025 18:14:04

ZPC pushes ahead with crude oil terminals and storage base project

Guangzhou (JLC), May 26, 2025--Zhejiang Petroleum and Chemical (ZPC) Jintan Logistics Co. is pushing ahead with its crude oil terminals and storage base in Zhoushan, according to official reports.

05-26-2025 18:06:56

China’s gasoline prices continue to fall, diesel prices extend gains

Guangzhou (JLC), May 23, 2025--China’s wholesale gasoline prices continued to fall in the week to May 23, because of tepid demand and slipping crude prices, while diesel prices extended gains as dema

05-23-2025 18:40:44

Yanchang to put Yulin crude tank farm into use in late June

Guangzhou (JLC), May 23, 2025--Shaanxi Yanchang Petroleum plans to put its Yulin crude oil tank farm into operation on June 20, the company said on its website recently.

05-23-2025 18:40:01

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

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