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Independents' refining margins for imported crude surge

Guangzhou (JLC), April 15, 2026--Shandong-based independents' refining margins for imported crude surged in mid-April when crude costs dropped more significantly than sales revenue.

04-15-2026 18:49:12

China's daily crude oil imports drop in March, but still high

Guangzhou (JLC), April 14, 2026--China's daily crude oil imports fell both month-on-month and year-on-year in March 2026, according to the latest data from the GACC.

04-14-2026 16:34:07

Independents' refining margins for imported crude rebound

Guangzhou (JLC), April 9, 2026--Shandong-based independents' refining margins for imported crude rebounded in the week to April 8, because of a decline in crude costs and a slight rally in their sale

04-09-2026 18:53:18

Independents' refining margins for imported crude turn negative again

Guangzhou (JLC), April 1, 2026--Shandong-based independents' refining margins for imported crude turned negative again in the week to April 1, due to an increase in crude costs and a decline in their

04-01-2026 18:53:48

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), March 25, 2026--Shandong-based independents' refining margins for imported crude turned positive in late March, as their sales revenue increased more significantly than crude costs.

03-25-2026 18:30:26

China's bonded bunker fuel imports surge in Jan-Feb

Guangzhou (JLC), March 24, 2026--China's bonded bunker fuel imports surged in the first two months of this year when domestic low-sulfur fuel oil (LSFO) production decelerated.

03-24-2026 19:04:29

China hikes Russian crude imports sharply in first two months of 2026

Guangzhou (JLC), March 20, 2026—China hiked its imports of Russian crude sharply in the first two months, due to attractive prices and abundant supply.

03-20-2026 18:54:40

China hits new high in naphtha imports in January 2026

Guangzhou (JLC), March 19, 2026--China hit another record high in its naphtha imports in January 2026, according to the latest data from the General Administration of Customs of the PRC (GACC).

03-19-2026 16:01:58

China's fuel oil exports drop in Jan-Feb, imports jump

Guangzhou (JLC), March 18, 2026--China cut its fuel oil exports while boosting the imports in January-February 2026, as domestic low-sulfur fuel oil (LSFO) output plunged.

03-18-2026 18:29:21

China’s crude imports surge 15.8% in first two months

Guangzhou (JLC), March 10, 2026--China imported a total of about 96.93 million mt of crude oil in the first two months of 2026, an upsurge of 15.8% from the corresponding months last year, according t

03-10-2026 15:02:32

Shandong independents' refining margins for imported crude slide

Guangzhou (JLC), February 26, 2026--Shandong-based independents' refining margins for imported crude slid in late February, as crude costs increased more significantly than sales revenue.

02-26-2026 17:13:09

China's bonded bunker fuel imports hit 12-month high in Dec 2025

Guangzhou (JLC), February 2, 2026--China's bonded bunker fuel imports hit a 12-month high in December 2025, mainly due to tightening supply of low-sulfur fuel oil (LSFO) in the country.

02-02-2026 19:02:00

Maoming Port's crude imports set new high in 2025

Guangzhou (JLC), January 28, 2026--Crude imports via Maoming Port hit a record high in 2025, Maoming Net reported on January 20.

01-28-2026 16:08:58

China’s LPG imports up MoM in Dec 2025

Beijing (JLC), January 28, 2026—LPG inflows to China registered at 3.07 mln mt in December 2025, which grew by 5.62% month on month, data from GACC showed.

01-28-2026 11:58:36

China’s asphalt imports slide while exports soar in Dec

Beijing (JLC), January 26, 2026—China imported 383,025 mt of asphalt in December, down 12.5% month on month, but up 79.48% year on year, according to the General Administration of Customs of the PRC (

01-26-2026 09:51:53

China slashes fuel oil imports from top two sources in 2025

Guangzhou (JLC), January 20, 2026--China slashed its fuel oil imports from Russia and Malaysia in 2025, but they were still the two largest fuel oil suppliers to China.

01-20-2026 17:57:30

Russian crude accounts for smaller share in China’s imports in 2025

Guangzhou (JLC), January 20, 2026--Russian crude accounted for a smaller share in China’s crude imports in 2025 when shipment from Russia declined and the latter’s total imports grew.

01-20-2026 15:28:01

China’s naphtha imports surge 38.28% in 2025

Guangzhou (JLC), January 20, 2026--China imported a total of 16.79 million mt of naphtha in 2025, a jump of 4.65 million mt or 38.28% from 2024, according to the latest data from the GACC.

01-20-2026 11:53:16

Shandong independents' refining margins for imported crude retreat

Guangzhou (JLC), January 15, 2026--Shandong-based independents' refining margins for imported crude retreated in the middle of January, due to an increase in crude costs, despite a rise in independent

01-15-2026 17:23:30

China's crude imports soar to new high in December 2025

Guangzhou (JLC), January 14, 2026--China's crude oil imports surged to a new high in December 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

01-14-2026 16:04:03

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