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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

INE crude rallies on resuming vaccination

Guangzhou (JLC), March 23, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rallied on Tuesday, when main European countries resumed vaccination with AstraZeneca vaccine, though Germany extended lockdowns.

03-23-2021 18:58:44

INE crude plunges on new lockdowns and slower vaccinations

Guangzhou (JLC), March 19, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) plummeted on Friday, as demand concerns mounted with new lockdowns and delayed vaccinations in Europe.

03-19-2021 18:52:25

INE crude jumps on weakening yuan, vaccine optimism

The price of crude futures on the Shanghai International Energy Exchange (INE) rose sharply on Monday, on the back of Chinese yuan depreciation and the approval of vaccines by a few countries.

01-04-2021 19:26:38

INE crude extends gains after France approves Pfizer’s vaccine

The price of crude futures on the Shanghai International Energy Exchange (INE) increased further on Friday, amid a relatively fast pace of vaccine roll-out and earlier reported crude inventory draw.

12-25-2020 19:05:48

INE crude rises on bullish news about vaccine and stimulus package

The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Friday, as the US approved another vaccine and is expected to pass a stimulus package soon.

12-18-2020 18:56:23

INE crude rallies on hopes of faster-than-expected vaccine releases

The price of crude futures on the Shanghai International Energy Exchange (INE) rallied on Friday, as the market sentiment turned bullish on a series of positive vaccine news.

12-11-2020 19:05:31

INE crude stable on rocketing US crude stocks, bullish vaccine news

The price of crude futures on the Shanghai International Energy Exchange (INE) were roughly stable on Thursday, as a dramatic crude inventory build and bullish vaccine news counteracted each other’s effect.

12-10-2020 19:16:55

INE crude edges up on OPEC+ agreement, vaccine hopes

The price of crude futures on the Shanghai International Energy Exchange (INE) edged higher on Monday, as a result of OPEC+’s agreement and optimism about oil demand recovery amid positive news about vaccines.

12-07-2020 17:41:45

INE crude edges down on vaccine efficacy doubts

The price of crude futures on the Shanghai International Energy Exchange (INE) inched lower on Monday, as optimism was tempered by challenges to AstraZeneca’s vaccine results.

11-30-2020 18:50:26

INE crude soars on fresh vaccine news

The price of crude futures on the Shanghai International Energy Exchange (INE) spiked again on Wednesday, as news of a third highly-effective vaccine drove hopes of demand recovery.

11-25-2020 19:08:03

INE crude inches higher on bullish vaccine news

The price of crude futures on the Shanghai International Energy Exchange (INE) edged up on Thursday with a recent advance in the coronavirus vaccine development, but a build in the US crude and gasoline inventory kept it range-bound.

11-19-2020 19:22:01

INE crude rallies on fresh vaccine hope, bullish data from China

The price of crude futures on the Shanghai International Energy Exchange (INE) gained some ground on Tuesday, on the back of another potential vaccine breakthrough, as well as bullish news from China.

11-17-2020 18:38:56

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 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

Vacuum residual oil market showed mixed changes amid supply and demand imbalance

Recently, independent refineries vacuum residual oil market showed mixed changes. High-quality low-sulfur vacuum residual oil price was high due to tight supply, while medium sulfur vacuum residual oil market trading was flat with transaction price falling amid ample supply and poor demand.

09-21-2017 14:14:00

Shandong and Bohai-rim ports to ban evacuating coal by truck

In early August, Tangshan government issued the Notice about Banning Coal Assembling and Evacuation at Tangshan Port. The notice showed Tangshan Port (including all wharfs at Jingtang Port and Caofeidian Port) would completely ban coal trucks going to ports from August 15th, 2017,

09-06-2017 18:16:38

Vacuum residue oil market would be bearish on poor demand

Recently, vacuum residue oil market was bearish, despite bullish crude futures market. In this week, the transaction price inched up, but the purchase and sales statue could not improve much.

05-17-2017 11:13:11

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