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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

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

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

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 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

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

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

Crude stocks at Shandong ports largely stable

Guangzhou (JLC), May 23, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely steady in the week ending May 22.

05-23-2025 13:49:33

China INE crude price retreats on surprise US crude stock build

Guangzhou (JLC), May 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday due to an unexpected crude inventory build in the United States.

05-22-2025 18:38:04

State-owned refinery run rates up further after unit restart

Guangzhou (JLC), May 22, 2025--Chinese state-owned oil refineries' run rates extended gains in the week ending May 21, because of unit restart after maintenance.

05-22-2025 18:11:37

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

China INE crude price extends gains on possible Israeli attack on Iran

Guangzhou (JLC), May 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday due to reports of a potential Israeli strike against Ir

05-21-2025 18:24:34

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

Shandong sees a year-on-year surge in its April crude runs

Guangzhou (JLC), May 21, 2025--Shandong province saw a year-on-year surge in its refinery crude runs in April 2025, which could be ascribed to the startup of a new refinery.

05-21-2025 15:37:30

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

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