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Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

Domestic fuel prices climb on surging crude

Guangzhou (JLC), September 8, 2023--Domestic gasoline and diesel prices went up in early September, propped up by a surge in international crude prices and further recovery in diesel demand.

09-08-2023 18:30:02

China’s jet fuel exports continue surging in October 2022

Guangzhou (JLC), November 21, 2022--China’s October jet fuel exports extended surges from September, because of more export quotas and weak domestic demand.

11-21-2022 15:00:14

Shandong independents' refining margins fall on surging crude prices

Guangzhou (JLC), March 4, 2022--Shandong-based independent refiners’ refining margins retreated this week as crude prices surged amid rising geopolitical tension between Russia and Ukraine.

03-04-2022 10:33:05

Shandong independents' refining margins drop on surging costs

Guangzhou (JLC), January 14, 2022--Shandong-based independent refiners’ refining margins extended drops this week amid surging feedstock costs, as international crude prices skyrocketed.

01-14-2022 14:00:09

China INE crude slips on US crude inventory build, resurging COVID-19

Guangzhou (JLC), October 28, 2021--The price of crude futures on China’s Shanghai International Energy Exchange (INE) dropped further Thursday, with a surprise jump in the US crude inventories and resurging cases in parts of China.

10-28-2021 19:49:42

INE crude slips on surging cases, plunging crude imports in China

The price of crude futures on the Shanghai International Energy Exchange (INE) moved lower on Thursday, as the coronavirus was still raging and China’s crude imports decreased significantly in December 2020.

01-14-2021 19:37:47

China sees surging bonded bunker fuel oil sales in 2020

China found soaring bonded bunker fuel oil sales in 2020 when its prices became more competitive and its economy rebounded fast after the coronavirus was brought under control.

01-08-2021 14:23:38

China's fuel oil production keeps surging on strong demand

China's fuel oil production continued to surge in November 2020 because of relatively strong demand and better margins amid China's tax rebate.

12-21-2020 13:58:41

INE crude lower as surging global cases deepen demand fears

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped slightly on Monday, due to negative impact from surging cases worldwide, despite support from China’s economic recovery.

09-28-2020 18:04:07

INE crude inches lower amid surging cases in Europe

The price of crude futures on the Shanghai International Energy Exchange (INE) dropped slightly on Thursday, as demand concerns deepened with the resurgence of coronavirus in Europe.

09-24-2020 19:41:25

INE crude edges up on trade deal, surging China crude run

Guangzhou (JLC), December 17, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform inched up on Tuesday, with some support from the agreement on the text of a phase-one trade deal between the US and China and China's surging crude run.

12-17-2019 19:28:34

Feed gas price in Shandong is to fall after surging

Feed gas price in Shandong Province surging with the prevailing price keeping around CNY5,100-5,150/mt, up CNY200/mt from early January. However, feed gas price is expected to fall after this round of rise.

01-10-2018 09:21:07

Shale oil price slumped after surging and bunker oil market moved sideways

Shale oil bidding price has always been an important indicator for heavy bunker oil market. In the last shale oil bidding on November 3rd, the weighted average price of the successful bid surged by CNY1,421/mt to CNY4,376/mt, which astonished the market.

11-20-2017 17:12:57

Surging API crude oil inventory thickened the concerns over oversupply

On Tuesday (March 21st), the market refocused on the fundamentals after digested the news that OPEC may prolong the production cut. The increasing API crude oil inventory last week thickened the concerns in the market and the oil closing price kept declining although the sluggish

03-22-2017 16:46:33

The surging oil price raised not only gladness but also bitterness

12-12-2016 17:55:16

Surging commodity imports 'do not point to' economic rebound

10-14-2016 13:59:07

Unloved coal seen surging as china cuts collide with La Nina

Thermal coal prices in Asia may jump as much as 50 percent if rainfall caused by La Nina is heavier than expected, further tightening the market as China cuts production, according to Citigroup Inc.

07-13-2016 16:54:16

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