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Independents' refining margins for imported crude tumble again

Guangzhou (JLC), April 29, 2026--Shandong-based independents' refining margins for imported crude continued to tumble in late April, as crude costs surged and sales revenue went lower.

04-29-2026 18:02:40

Independents' refining margins for imported crude plunge

Guangzhou (JLC), April 23, 2026--Shandong-based independents' refining margins for imported crude plunged in the week to April 22, due to a rally in crude costs and a further decline in sales revenue.

04-23-2026 15:47:59

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

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

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

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

Independents' refining margins for imported crude slide

Guangzhou (JLC), December 24, 2025--Shandong-based independents' refining margins for imported crude slid in the week to December 24, due to a larger drop in their sales revenue than in crude costs.

12-24-2025 18:31:58

Independents find higher refining margins for imported crude

Guangzhou (JLC), December 18, 2025--Shandong-based independent refiners found higher refining margins for imported crude in the middle of December, as imported crude costs declined further.

12-18-2025 13:40:06

Independents' refining margins for imported crude continue to grow

Guangzhou (JLC), December 11, 2025--Shandong-based independent refiners' refining margins for imported crude continued to grow in the week to December 10, thanks to lower crude costs.

12-11-2025 16:08:25

Independents' refining margins for imported crude rise in early Dec

Guangzhou (JLC), December 4, 2025--Shandong-based independent refiners' refining margins for imported crude increased in early December when crude costs dropped more significantly than sales revenue.

12-04-2025 11:17:36

Independents see stable refining margins for imported crude

Guangzhou (JLC), November 26, 2025--Shandong-based independent refiners saw relatively stable refining margins for imported crude in late November, as a slip in crude costs counteracted a decline in t

11-26-2025 18:55:16

Independents' refining margins for imported crude continue to weaken

Guangzhou (JLC), November 6, 2025--Shandong-based independent refiners' refining margins for imported crude continued to weaken in early November, mainly due to a decline in their sales revenue.

11-06-2025 10:38:52

Independents' refining margins for imported crude plunge in late Oct

Guangzhou (JLC), October 29, 2025--Shandong-based independent refiners' refining margins for imported crude plunged in late October, because of an increase in crude costs and a slight decline in their

10-29-2025 18:42:34

Independents' refining margins for imported crude continue to grow

Guangzhou (JLC), October 23, 2025--Shandong-based independent refiners' refining margins for imported crude continued to grow in the week to October 22, as crude costs extended declines, despite a sl

10-23-2025 14:05:59

Independents' refining margins for imported crude surge in mid-Oct

Guangzhou (JLC), October 16, 2025--Shandong-based independent refiners' refining margins for imported crude surged in mid-October when crude costs dropped more significantly than sales revenue.

10-16-2025 13:53:40

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 18, 2025--Shandong-based independents' refining margins for imported crude retreated in mid-September, due to a rally in crude costs, despite slightly higher sales revenue.

09-18-2025 11:07:07

Yulin Refinery receives over 1 mln mt of imported crude

Guangzhou (JLC), September 16, 2025--Up until September 11, Shaanxi Yanchang Petroleum's Yulin Refinery had received and unloaded about 1.29 million mt of imported crude oil in 2025.

09-16-2025 19:12:42

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

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