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Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

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

Guangzhou (JLC), May 21, 2025--Shandong independent refiners' operating rates dropped again in the week ending May 21, the eighth week in a row, due to more unit maintenance.

05-21-2025 18:00:27

China INE crude price up as prospects of US-Iran nuclear deal weakens

Guangzhou (JLC), May 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed on Tuesday as the United States and Iran are still disputing the “red line” of

05-20-2025 18:57:15

China INE crude price slips on hopes of US-Iran nuclear deal

Guangzhou (JLC), May 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid expectations that the United States and Iran may soon reac

05-16-2025 19:04:39

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

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

Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

Feedstock unloading for Shandong independents retreats in April

Guangzhou (JLC), May 9, 2025--Shandong-based independent refiners saw a slowdown in their unloading of imported feedstock in April, after a surge in March.

05-09-2025 15:26:14

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), May 7, 2025--Shandong independent refiners' operating rates extended drops in early May, the sixth week in a row, due to more unit maintenance.

05-07-2025 18:25:01

China INE crude price slumps on prospect of more OPEC+ supply

Guangzhou (JLC), May 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Tuesday amid the prospect of rising supply from OPEC+.

05-06-2025 18:49:35

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Shandong independents' run rates slip for fifth week in a row

Guangzhou (JLC), April 30, 2025--Shandong independent refiners' operating rates fell for the fifth consecutive week in the week ending April 30, JLC’s data shows.

04-30-2025 18:22:24

China INE crude price extends losses as tariff-related worries persist

Guangzhou (JLC), April 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) decreased further on Wednesday after the US consumer confidence plummeted in April a

04-30-2025 16:48:48

PetroChina Jilin's crude runs set new high in Q1

Guangzhou (JLC), April 28, 2025--PetroChina Jilin Petrochemical's crude runs reached a historical high in the first quarter (Q1) of 2025, PetroChina reported on its news website on April 28.

04-28-2025 15:02:19

Independents’ crude refining margins retreat in late April

Guangzhou (JLC), April 25, 2025--Shandong-based independents’ refining margins for imported crude retreated in late April, as imported crude costs rallied and independents’ sales revenue decreased.

04-25-2025 11:11:55

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

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

Guangzhou (JLC), April 23, 2025--Shandong independent refiners' operating rates fell for four consecutive weeks in the week ending April 23, as refinery maintenance increased.

04-23-2025 18:58:40

Sinopec Tahe's refining-chemical project sees EIA publicity

Guangzhou (JLC), April 23, 2025--Sinopec Tahe Refining & Chemical's refining-chemical integration project saw the publicity of an environmental impact assessment (EIA) report.

04-23-2025 18:35:14

Independents’ crude refining margins soar again as costs decrease

Guangzhou (JLC), April 17, 2025--Shandong-based independents’ crude refining margins soared again in the middle of April, bolstered by a further plunge in crude costs.

04-17-2025 11:39:37

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

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