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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

Bohai Oilfield to increase oil and gas output to 40 mln mt in 2025

Shandong (JLC), May 23, 2025--CNOOC aimed to raise the oil and natural gas production of its Bohai Oilfield to 40 million mt (mln mt) in 2025, the company announced on May 21.

05-23-2025 15:54:03

LLDPE output to retreat on more maintenance

05-22-2025 17:32:25

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

China PE production loss gains in Q2

Shandong (JLC), May 20, 2025—In the second quarter of 2025, the maintenance-related production loss of China’s PE units registered a quarter-on-quarter growth, hitting a new high of recent four years.

05-20-2025 15:36:00

China INE crude price stable on supply uncertainty

Guangzhou (JLC), May 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Monday due to uncertainty about Iranian supply outlook.

05-19-2025 19:06:55

CNOOC Zhuhai terminal re-exports bonded LNG for the first time

Beijing (JLC), May 19, 2025--The world’s largest LNG bunkering barge HAI YANG SHI YOU 301 set sail for Yantian port in Shenzhen to re-export 3,525 mt of bonded LNG loaded at CNOOC Zhuhai LNG terminal.

05-19-2025 16:48:15

China’s economy maintains growth in April

Guangzhou (JLC), May 19, 2025--China's key economic indicators suggested that the economy maintained steady growth in April, according to the National Bureau of Statistics (NBS).

05-19-2025 15:32:54

Chinese refineries slash April crude runs on maintenance

Guangzhou (JLC), May 19, 2025--Chinese refineries processed much less crude oil in April 2025 when they entered peak maintenance.

05-19-2025 11:28:11

China INE crude price extends gains on cooling US inflation

Guangzhou (JLC), May 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed slowing inflation in the United State

05-14-2025 19:02:04

State-owned refiners to see less maintenance in June

Guangzhou (JLC), May 14, 2025--Chinese state-owned refiners are expected to see less refinery maintenance in June, according to their plans.

05-14-2025 17:39:11

Shanghai Port moves towards regular methanol bunkering

Guangzhou (JLC), May 14, 2025--Shanghai Port saw a ship-to-ship methanol bunkering operation on May 11, with the bunkering volume setting a new record, marking a further step in the port’s regular me

05-14-2025 17:30:49

China INE crude price extends gains

Guangzhou (JLC), May 12, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday as China-US trade talks sparked optimism.

05-12-2025 18:57:42

China INE crude price retreats on growing economic uncertainty

Guangzhou (JLC), May 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid growing uncertainty about the economic outlook.

05-08-2025 18:54:20

State-owned refineries' April run rates drop further on maintenance

Guangzhou (JLC), May 8, 2025--Chinese state-owned oil companies' refinery operating rates extended drops in April, because of more refinery maintenance.

05-08-2025 15:39:36

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

State-owned refinery run rates fall for seven weeks straight

Guangzhou (JLC), April 30, 2025--As of the week ending April 30, Chinese state-owned oil refineries' run rates dropped for seven weeks in a row, because of unit maintenance.

04-30-2025 18:56:49

Kuwait's PIC acquires 25% stake in Wanhua Chemical's subsidiary

Guangzhou (JLC), April 28, 2025--Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), and Wanhua Chemical Group signed an agreement on April 25.

04-28-2025 18:48:00

Singapore’s daily bunker fuel sales drop in March

Guangzhou (JLC), April 28, 2025--Singapore’s daily bunker fuel sales dropped in March, according to the data from the Maritime and Port Authority of Singapore (MPA)

04-28-2025 17:31:09

State-owned refinery run rates drop for six weeks on maintenance

Guangzhou (JLC), April 25, 2025--As of the week ending April 23, Chinese state-owned oil refineries' run rates dropped for six weeks in a row, because of increasing refinery maintenance.

04-25-2025 14:15:42

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