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Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

China INE crude price extends gains after bullish US jobs report

Guangzhou (JLC), July 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday following a stronger-than-expected US jobs report for June

07-04-2025 18:45:50

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

China INE crude price edges up on potential price hike by Saudi Arabia

Guangzhou (JLC), July 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Wednesday, supported by the expectation of an oil price increase by S

07-02-2025 18:58:50

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), June 26, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending June 26, as cargo unloading surpassed consumption, JLC’s data shows.

06-26-2025 18:11:47

Singapore’s bunker fuel sales jump to 16-month high in May

Guangzhou (JLC), June 25, 2025--Singapore’s bunker fuel sales jumped to a 16-month high in May, as global bunkering demand rallied after China and the US announced a joint statement on trade and tari

06-25-2025 19:00:32

China’s bonded bunker fuel imports rebound in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel imports rebounded in May, as domestic refiners increased purchases of imported low-sulfur fuel oil (LSFO) when domestic supply tightened.

06-24-2025 18:49:33

China’s bonded bunker fuel exports tumble in May

Guangzhou (JLC), June 24, 2025--China’s bonded bunker fuel exports tumbled in May, which could be ascribed to the trade war between China and the US and a further decline in domestic production.

06-24-2025 18:48:18

MTBE exports continue to drop in May

Beijing (JLC), June 24, 2025--China exported 271,500 mt of MTBE in May 2025, down 6.18% month on month and 0.26% year on year, according to GACC.

06-24-2025 16:04:47

China’s LPG imports rise in May

Beijing (JLC), June 24, 2025—China imported 3.36 million mt of LPG in May 2025, which grew by 210,300 mt or 6.67% month on month and 198,200 mt or 6.26% year on year.

06-24-2025 14:38:44

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

China’s fuel oil imports continue to slump in May

Guangzhou (JLC), June 18, 2025--China’s fuel oil imports continued to slump in May, because of slipping demand from domestic refiners and higher import costs.

06-18-2025 18:50:30

China's naphtha imports hit new high in May 2025

Guangzhou (JLC), June 18, 2025--China’s naphtha imports set a new high in May as its demand was growing amid more startup of steam crackers.

06-18-2025 17:05:14

China INE crude price surges on mounting geopolitical risks

Guangzhou (JLC), June 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Friday amid concerns over potential supply disruptions due to rising tensio

06-13-2025 19:15:49

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