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Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Shandong independents' run rates rise for fifth straight week

Guangzhou (JLC), September 10, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 10, the fifth gain in a row, after a refiner in Heze wrapped up maintenan

09-10-2025 18:51:16

Feedstock unloading for Shandong independents increases slightly

Guangzhou (JLC), September 10, 2025--Shandong-based independent refiners and traders slightly increased their unloading of imported feedstock in August, because of expectations of rising demand.

09-10-2025 11:21:04

State-owned refinery run rates inch lower in early September

Guangzhou (JLC), September 4, 2025--Chinese state-owned oil refineries' run rates fell modestly in the week ending September 3 (Wednesday), JLC's data shows.

09-04-2025 17:22:23

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

Shandong independents' run rates rise further in early September

Guangzhou (JLC), September 3, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 3, still supported by unit restarts.

09-03-2025 18:51:36

Independents' crude refining margins retreat in late Aug

Guangzhou (JLC), August 28, 2025--Shandong-based independents' refining margins for imported crude retreated in late August, due to a rally in crude costs and a decline in sales revenue.

08-28-2025 11:38:28

Shandong independents' run rates rise for third straight week

Guangzhou (JLC), August 27, 2025--Shandong independent refiners' operating rates continued to grow in the week to August 27, the third gain in a row, because of unit restarts.

08-27-2025 18:56:03

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

Shandong independents' run rates extend gains on unit restarts

Guangzhou (JLC), August 20, 2025--Shandong independent refiners' operating rates continued to rise in the week to August 20, due to more unit restarts.

08-20-2025 19:08:00

China INE crude price slides again on bearish IEA report

Guangzhou (JLC), August 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday following the release of a bearish report by the Intern

08-14-2025 18:39:01

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

Shandong independents' run rates rebound on unit restart

Guangzhou (JLC), August 13, 2025--Shandong independent refiners' operating rates rebounded in the week to August 13, following the restart of a refinery in Dongying.

08-13-2025 19:00:00

Feedstock unloading for Shandong independents rises in July

Guangzhou (JLC), August 8, 2025--Shandong-based independent refiners and traders saw a further increase in their unloading of imported feedstock in July, amid expectation of faster consumption, relat

08-08-2025 18:26:34

Independents find lower refining margins for imported crude

Guangzhou (JLC), August 7, 2025--Shandong-based independents found lower refining margins for imported crude in early August, as crude costs climbed further and their sales revenue went lower.

08-07-2025 18:25:06

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), August 6, 2025--Shandong independent refiners' operating rates retreated in the week to August 6, mainly due to Dongming Petrochemical’s refinery overhaul.

08-06-2025 19:16:54

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Independents' crude refining margins weaken in late July

Guangzhou (JLC), July 30, 2025--Shandong-based independents' refining margins for imported crude weakened in late July, due to higher crude costs and lower sales revenue.

07-30-2025 18:50:46

Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

Shandong independents' run rates rise on more unit restarts

Guangzhou (JLC), July 23, 2025--Shandong independent refiners' operating rates extended rises in the week to July 23, mainly because of more unit restarts.

07-23-2025 19:04:25

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