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Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

China INE crude price rises further on weaker yuan

Guangzhou (JLC), August 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday on the back of weaker Chinese currency and a drop in An

08-22-2025 18:45:28

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

China INE crude price rebounds on large US crude stock draw

Guangzhou (JLC), August 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) recouped some losses on Thursday after data showed a larger-than-expected crude inv

08-21-2025 18:37:54

Crude stocks at Shandong ports retreat on rising consumption

Guangzhou (JLC), August 21, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending August 21, as local independent refiners' feedstock consumption incre

08-21-2025 18:36:52

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

State-owned refinery run rates edge down on more maintenance

Guangzhou (JLC), August 21, 2025--Chinese state-owned oil refineries' run rates fell slightly in the week ending August 20 (Wednesday), after two more refineries started maintenance.

08-21-2025 14:33:32

Shandong independents' run rates extend gains on unit restarts

Guangzhou (JLC), August 20, 2025--Shandong independent refiners' operating rates continued to rise in the week to August 20, due to more unit restarts.

08-20-2025 19:08:00

China INE crude price drops modestly

Guangzhou (JLC), August 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) decreased moderately on Wednesday as all parties are promoting a trilateral meeting

08-20-2025 18:27:40

China records much lower crude imports from Malaysia in July

Guangzhou (JLC), August 20, 2025--China tallied a plunge in its crude imports from Malaysia in July 2025, according to data from the General Administration of Customs of the PRC (GACC).

08-20-2025 13:57:14

China INE crude price steady amid geopolitical uncertainty

Guangzhou (JLC), August 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely stable on Tuesday as market participants are taking a wait-and-see appr

08-19-2025 18:44:23

China INE crude price dips as supply concerns ease

Guangzhou (JLC), August 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) slipped on Monday as concerns over Russian supply eased amid progress in US-Russi

08-18-2025 18:55:10

China INE crude price rallies on renewed supply concerns

Guangzhou (JLC), August 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday as US President Donald Trump’s warning to Russia added to conce

08-15-2025 18:57:09

Chinese refiners' crude runs retreat on month in July

Guangzhou (JLC), August 15, 2025--Chinese oil refiners reduced their crude throughput in July 2025, as diesel demand weakened in the month and gasoline demand did not rise as much as expected.

08-15-2025 17:12:28

China INE crude price slides again on bearish IEA report

Guangzhou (JLC), August 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday following the release of a bearish report by the Intern

08-14-2025 18:39:01

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), August 14, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week ending August 14, as local independent refiners' cargo unloading outpaced out

08-14-2025 17:49:13

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

State-owned refinery run rates retreat from nearly two-year high

Guangzhou (JLC), August 14, 2025--Chinese state-owned oil refineries' run rates retreated in the week ending August 13 (Wednesday), after hitting a new high in nearly two years in the previous week.

08-14-2025 14:28:16

China INE crude price dips on US crude stock build

Guangzhou (JLC), August 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday after data showed a crude inventory build in the United Stat

08-13-2025 19:02:23

Shandong independents' run rates rebound on unit restart

Guangzhou (JLC), August 13, 2025--Shandong independent refiners' operating rates rebounded in the week to August 13, following the restart of a refinery in Dongying.

08-13-2025 19:00:00

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