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China INE crude dives as new COVID-19 variant spooks market

Guangzhou (JLC), November 29, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) plunged Monday, tracking sharp falls in international crude as a new COVID-19 variant clouded the demand prospect.

11-29-2021 18:50:08

China INE crude slips on US crude inventory build, resurging COVID-19

Guangzhou (JLC), October 28, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) dropped further Thursday, with a surprise jump in the US crude inventories and resurging cases in parts of China.

10-28-2021 19:49:42

INE crude rebounds after US grants full approval to COVID-19 vaccine

Guangzhou (JLC), August 24, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded sharply Tuesday on demand optimism triggered by the first full approval of a COVID-19 vaccine in the US and China’s good containment of the latest outbreak.

08-24-2021 19:07:34

China's fuel demand slumps amid COVID-19 resurgence

Beijing (JLC), August 6, 2021--The latest resurgence of the virus that began in east China’s Nanjing on July 20 has also depressed domestic fuel demand.

08-06-2021 11:23:05

INE crude retreats as COVID-19 variant threatens demand outlook

Guangzhou (JLC), June 29, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday amid dimming demand outlook, as the highly contagious COVID-19 variant Delta prompted new or stricter restrictions around the world.

06-29-2021 19:28:35

Guangdong limits travel amid COVID-19

Beijing (JLC), June 22, 2021--China’s local government in southern Guangdong province has limited the travel of the people in the province, because of the reemergence of the COVID-19 cases.

06-22-2021 17:25:20

INE crude retreats as COVID-19-related fears persist

Guangzhou (JLC), June 4, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) shed some gains on Friday, amid lingering demand concerns over slow progress of vaccination programs and high infections in some countries.

06-04-2021 19:08:42

INE crude unmoved on weaker yuan, COVID-19 resurgence

Guangzhou (JLC), April 23, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) was range-bound on Friday, with support from weaker yuan, but downward pressure from spiking cases in India and Japan.

04-23-2021 18:52:45

INE crude slips on India’s COVID-19 surge

Guangzhou (JLC), April 21, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Wednesday, when India continued to see spiking cases and Chinese currency appreciated.

04-21-2021 19:23:52

INE crude retreats on COVID-19 resurgence in Europe

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday, mainly because of a resurgence of the coronavirus in Europe and the consequent new restrictions.

03-16-2021 18:53:39

INE crude rallies with falling new COVID-19 cases in China

The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Tuesday, as the increase in China’s new cases slowed down and Chinese currency weakened on the day.

02-02-2021 19:29:41

INE crude edges up on slowing growth in China’s COVID-19 cases

The price of crude futures on the Shanghai International Energy Exchange (INE) edged up on Thursday, amid a deceleration in China’s daily case increase and a slump in the US crude inventories.

01-28-2021 18:54:24

INE crude soars on COVID-19 vaccine hope

The price of crude futures on the Shanghai International Energy Exchange (INE) shot up on Tuesday, as news of coronavirus vaccine renewed hopes of positive demand outlook.

11-10-2020 18:42:50

INE crude falls as COVID-19 infections spike

The price of crude futures on the Shanghai International Energy Exchange (INE) slipped on Wednesday, as the coronavirus has been spreading rapidly all over the world and the US gasoline inventories climbed.

09-30-2020 19:18:39

INE crude rallies with support from potential COVID-19 vaccines

The price of crude futures on the Shanghai International Energy Exchange (INE) edged up on Tuesday, as the market was boosted by recent news about potential vaccines against coronavirus.

07-21-2020 17:38:21

INE crude retreats on inventory build, COVID-19 fears

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Monday, as the EIA reported a build in the US crude inventory and the coronavirus cases continue to rise.

06-29-2020 18:54:54

China’s bunker fuel consumption falls 50% amid COVID-19 in Q1

China’s domestic-trade bunker fuel consumption fell by about 50% year on year to around 970,000 mt in the first quarter of 2020 amid the COVID-19 outbreak, JLC data shows.

03-31-2020 15:17:40

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