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China INE crude price rises after US crude stock draw

Guangzhou (JLC), December 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday after data showed a larger-than-expected drawdown in the U

12-25-2024 18:46:32

China INE crude price range-bound on mixed factors

Guangzhou (JLC), December 24, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday due to mixed factors.

12-24-2024 19:02:48

Sinopec launches asphalt export to Tonga

Guangzhou (JLC), December 24, 2024--Sinopec recently exported 100 mt of asphalt to Tonga for the first time, marking a breakthrough in the continuous development of the Oceania asphalt market, Sinopec

12-24-2024 15:12:11

China INE crude price slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

China INE crude price retreats on prospect of 2025 oil glut

Guangzhou (JLC), December 20, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid expectations of an oversupply in 2025.

12-20-2024 17:51:11

China INE crude price rallies on weaker Chinese yuan

Guangzhou (JLC), December 19, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday on the back of weaker Chinese currency.

12-19-2024 19:00:28

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

China INE crude price dips despite US crude stock draw

Guangzhou (JLC), December 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday despite a drawdown in the US crude stocks, as concerns ove

12-18-2024 19:01:09

China INE crude price range-bound ahead of Fed meeting

Guangzhou (JLC), December 17, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday amid wait-and-see sentiment ahead of a Fed meeting.

12-17-2024 19:02:42

China INE crude price climbs further on positive data from China

Guangzhou (JLC), December 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday on the back of positive data released by China’s Nati

12-16-2024 19:12:19

China INE crude price rises further on weaker yuan

Guangzhou (JLC), December 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday on the back of weaker Chinese yuan and rising geopolitic

12-13-2024 19:08:59

Daxie Petrochemical to commission expansion project by year-end

Guangzhou (JLC), December 13, 2024--CNOOC Ningbo Daxie Petrochemical is preparing to commission its upgrading and expansion project by the end of this year, following the completion and handover of a

12-13-2024 18:41:45

China INE crude price rises after surprise US crude stock build

Guangzhou (JLC), December 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Thursday after a surprise build in the US crude inventories, but was

12-12-2024 18:50:39

China INE crude price roughly stable on mixed factors

Guangzhou (JLC), December 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Wednesday, supported by improving prospects for China’s oil

12-11-2024 19:10:29

China INE crude price rallies on signs of growing Chinese demand

Guangzhou (JLC), December 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after data pointed to rising oil demand from China.

12-10-2024 19:02:28

China’s oil product exports surge in Nov before VAT rebate cuts

Guangzhou (JLC), December 10, 2024--Chinese oil companies’ oil product exports rebounded significantly in November, as they had revised up their export plans before a cut in value-added tax (VAT) reba

12-10-2024 15:10:02

China INE crude price extends losses after Saudi Aramco price cut

Guangzhou (JLC), December 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday, following Saudi Aramco’s cut in oil selling prices and and

12-09-2024 19:13:57

China INE crude price slips despite OPEC+ output cut extension

Guangzhou (JLC), December 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday, despite OPEC+’s decision to postpone the phase-out of its

12-06-2024 19:13:49

CNOOC starts operation at Jinzhou 23-2 oilfield project

Guangzhou (JLC), December 5, 2024--State-owned China National Offshore Oil Corporation (CNOOC) announced the commencement of production at the Jinzhou 23-2 oilfield development project on December 3.

12-05-2024 18:57:55

China INE crude price dips on stronger yuan

Guangzhou (JLC), December 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Thursday after Chinese yuan strengthened.

12-05-2024 17:21:31

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