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China INE crude price rises again on bullish EIA data

Guangzhou (JLC), March 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Thursday on the back of bullish weekly inventory data from the Ene

03-27-2025 19:28:02

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), March 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in the week ending March 27, as unloading outpaced outbound delivery.

03-27-2025 18:17:30

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Sinopec discovers over 140 mln mt of shale oil reserves

Guangzhou (JLC), March 26, 2025--Sinopec discovered over 140 million mt of shale oil reserves in the Xinxing Oilfield in the Shengli Jiyang Shale Oil National Demonstration Zone on March 22, with the

03-26-2025 19:04:44

China INE crude price climbs further on US crude stock draw

Guangzhou (JLC), March 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed the US crude and product stockpiles

03-26-2025 18:53:29

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

China INE crude price continues to rise

Guangzhou (JLC), March 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday on concerns over tightening supply after the US announced

03-25-2025 19:33:57

China INE crude price edges up after US tightens sanctions on Iran

Guangzhou (JLC), March 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Monday on the back of tightening US sanctions against Iran and a sl

03-24-2025 19:12:21

China INE crude price climbs on OPEC+ compensatory output cuts

Guangzhou (JLC), March 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increase on Friday after OPEC+ announced a plan for seven members to cut output.

03-21-2025 18:31:41

Crude stocks at Shandong ports retreat slightly

Guangzhou (JLC), March 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated slightly in the week ending March 20, after four consecutive weeks of gains.

03-20-2025 18:57:16

China INE crude price roughly stable

Guangzhou (JLC), March 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Thursday amid mixed factors.

03-20-2025 18:48:33

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China INE crude price dips on signs of easing Russia-Ukraine crisis

Guangzhou (JLC), March 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday on signs of a de-escalation of tensions between Russia and Uk

03-19-2025 19:20:41

Shandong independents’ run rates retreat as maintenance counters restart

Guangzhou (JLC), March 19, 2025--Shandong independent refiners’ operating rates retreated in the week ending March 19, after a crude distillation unit (CDU) came offline for maintenance.

03-19-2025 19:00:03

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

State-owned refinery run rates drop on maintenance

03-19-2025 18:32:01

China INE crude price rises further on weaker yuan

Guangzhou (JLC), March 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday after Chinese yuan weakened.

03-18-2025 18:59:34

China INE crude price rallies on rising tensions

Guangzhou (JLC), March 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday due to escalating geopolitical tensions in the Red Sea.

03-17-2025 19:16:29

China’s crude runs up 2.1% in Jan-Feb 2025

Guangzhou (JLC), March 17, 2025--China’s crude oil throughput rose by 2.1% year on year in January-February 2025, according to data from the National Bureau of Statistics (NBS).

03-17-2025 15:00:49

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