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China INE crude price rises again on bullish EIA data

Guangzhou (JLC), March 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Thursday on the back of bullish weekly inventory data from the Ene

03-27-2025 19:28:02

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), March 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in the week ending March 27, as unloading outpaced outbound delivery.

03-27-2025 18:17:30

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Sinopec discovers over 140 mln mt of shale oil reserves

Guangzhou (JLC), March 26, 2025--Sinopec discovered over 140 million mt of shale oil reserves in the Xinxing Oilfield in the Shengli Jiyang Shale Oil National Demonstration Zone on March 22, with the

03-26-2025 19:04:44

China INE crude price climbs further on US crude stock draw

Guangzhou (JLC), March 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed the US crude and product stockpiles

03-26-2025 18:53:29

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

China’s LPG imports drop in Feb 2025

Beijing (JLC), March 26, 2025—In February, China’s LPG imports totaled 2.64 million mt, down by 149,100 mt or 5.34% month on month.

03-26-2025 09:06:58

China INE crude price continues to rise

Guangzhou (JLC), March 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday on concerns over tightening supply after the US announced

03-25-2025 19:33:57

China’s fuel oil output falls in Jan-Feb 2025

Guangzhou (JLC), March 25, 2025--China’s fuel oil output fell in January-February 2025, which could be mainly ascribed to relatively weak demand and bad production margins.

03-25-2025 19:14:54

Chinese refiners cut their bonded bunker fuel exports in Jan-Feb

Guangzhou (JLC), March 25, 2025--Chinese refiners cut their bonded bunker fuel exports in January-February 2025, as domestic supply tightened and global bunker demand was relatively tepid.

03-25-2025 16:43:54

China INE crude price edges up after US tightens sanctions on Iran

Guangzhou (JLC), March 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Monday on the back of tightening US sanctions against Iran and a sl

03-24-2025 19:12:21

China’s bonded bunker fuel imports soar in first two months

Guangzhou (JLC), March 24, 2025--China’s bonded bunker fuel imports soared in the first two months of this year, as domestic low-sulfur fuel oil (LSFO) production fell and bonded distributors in East

03-24-2025 19:04:34

Domestic fuel prices drop for seven consecutive weeks

Guangzhou (JLC), March 21, 2025--China’s wholesale gasoline and diesel prices have dropped for seven consecutive weeks, due to weakening gasoline demand and bearish sentiment.

03-21-2025 19:17:08

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

China's apparent kerosene consumption dips in Jan-Feb

Guangzhou (JLC), March 21, 2025--China's apparent consumption of kerosene slipped year on year in the first two months of 2025, as kerosene output went down.

03-21-2025 18:28:42

China's apparent gasoline consumption drops in first two months

Guangzhou (JLC), March 21, 2025--China's apparent consumption of gasoline fell year on year in the first two months of 2025, following less production.

03-21-2025 18:20:00

China's fuel oil imports plunge in first two months of 2025

Guangzhou (JLC), March 21, 2025--China recorded a year-on-year slump in its fuel oil imports in the first two months of 2025 when demand from independent refiners weakened.

03-21-2025 18:11:28

1% SAF blending to be normal for China’s pilot airports

Beijing (JLC), March 21, 2025—China may normalize 1% sustainable aviation fuel (SAF) blending for all flights taking off from domestic pilot airports.

03-21-2025 17:06:06

China's apparent consumption of diesel drops 4.12% in Jan-Feb

Guangzhou (JLC), March 21, 2025--China's apparent consumption of diesel dropped year on year in the first two months of 2025 when its production declined significantly amid seasonally weak demand.

03-21-2025 16:03:42

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