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China INE crude surges as hopes of Hormuz reopening dwindle

Guangzhou (JLC), August 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday amid diminishing prospects of a US-Iran deal to reopen th

08-11-2026 18:52:16

Crude stocks at Shandong ports surge due to capacity increase

Guangzhou (JLC), August 6, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose significantly in the week ending August 6 due to an increase in the total storage capacity and

08-06-2026 19:09:43

China INE crude price drops amid easing supply concerns

Guangzhou (JLC), August 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday amid hopes of a resumption of shipping through the Strait of Hormuz.

08-04-2026 19:01:26

China INE crude price retreats as supply concerns ease

Guangzhou (JLC), July 10, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday as supply risks eased following reports that talks between the US

07-10-2026 19:31:46

China INE crude price soars as US-Iran tensions escalate

Guangzhou (JLC), July 9, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged further on Thursday amid mounting tensions between the US and Iran.

07-09-2026 19:17:54

ZPC breaks ground on terminal for Jintang storage & transportation base

Guangzhou (JLC), July 8, 2026--Zhejiang Petroleum and Chemical (ZPC) Jintang Logistics Co. recently started the construction of a terminal project to build a crude oil storage and transportation base.

07-08-2026 19:03:06

China INE crude price extends loss as OPEC+ plans to raise output

Guangzhou (JLC), July 6, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday after OPEC+ decided to ramp up its production.

07-06-2026 18:59:34

China INE crude price slips further on recovering Mideast oil exports

Guangzhou (JLC), June 25, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Thursday due to a gradual resumption of crude exports from the M

06-25-2026 18:59:50

China INE crude lower on Iraqi output increases

Guangzhou (JLC), June 24, 2026--The price of crude futures on China's Shanghai International Energy Exchange continued to drop on Wednesday, following the news of gains in Iraqi southern oil output.

06-24-2026 18:33:28

China INE crude slips after US eases restrictions on Iranian oil transactions

Guangzhou (JLC), June 23, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday after the United States temporarily lifted sanctions on Irani

06-23-2026 19:09:45

China INE crude rallies amid renewed military conflicts in the Middle East

Guangzhou (JLC), June 8, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after Israel and Iran exchanged strikes.

06-08-2026 18:48:16

China INE crude price slips on easing geopolitical tensions

Guangzhou (JLC), June 5, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday as a Israel-Lebanon ceasefire raised hopes of a potential peace ag

06-05-2026 18:58:42

China INE crude price rallies amid renewed tensions in the Middle East

Guangzhou (JLC), June 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday amid rising tensions in the Middle East and a plunge in the US c

06-04-2026 19:20:26

Shanxi to build 8-mln-cbm crude oil storage base

Guangzhou (JLC), June 1, 2026--On May 26, LONGWAY entered into a contract with Shanxi Daliangshan Storage and Transportation, to provide whole-process engineering consulting services for the Xiangyuan

06-01-2026 18:56:32

CNOOC's Kenli 10-2 oilfield Phase-1 development project starts running

Guangzhou (JLC), May 29, 2026--CNOOC's Phase-1 development project for Kenli 10-2 oilfield cluster, China's largest offshore shallow-layer lithologic oilfield, became fully operational recently, Peopl

05-29-2026 18:30:18

China receives less crude from the Middle East in April

Guangzhou (JLC), May 21, 2026--China received less crude from most of Middle Eastern countries in April 2026 amid the continued closure of the Strait of Hormuz.

05-21-2026 14:53:02

China INE crude price slips after OPEC cuts demand forecast

Guangzhou (JLC), May 14, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC revised down its demand growth forecast.

05-14-2026 19:19:09

Crude stocks at Shandong ports rally as consumption slows

Guangzhou (JLC), May 14, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending May 14 amid lower consumption.

05-14-2026 19:18:24

CNOOC sets record in oil and gas output in Q1

Guangzhou (JLC), April 29, 2026--CNOOC set a record in its net oil and gas output in the first quarter (Q1) of this year, according to the company's quarterly report released on April 28.

04-29-2026 19:27:59

China INE crude price slips on bearish IEA demand forecast

Guangzhou (JLC), April 15, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday after the International Energy Agency (IEA) forecast a decrea

04-15-2026 19:09:19

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