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China INE crude price falls further on hopes of easing tensions

Guangzhou (JLC), November 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Tuesday on the possibility of a de-escalation of tensions in t

11-12-2024 18:40:58

China INE crude price falls further on weak Eurozone economic data

Guangzhou (JLC), October 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday as weak economic data from the Eurozone raised demand

10-25-2024 18:34:18

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

Crude stocks at Shandong ports extend falls in early Sept

Guangzhou (JLC), September 5, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended falls in early September, due to a plunge in cargo unloading and a rise in local indepe

09-05-2024 17:59:51

China INE crude price falls for four days in a row

Guangzhou (JLC), August 22, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped on Thursday due to rising worries about an oil demand slowdown.

08-22-2024 18:58:53

China INE crude price falls again on US crude & product stock builds

Guangzhou (JLC), August 7, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Wednesday after industry data showed a build in the US crude an

08-07-2024 19:18:12

China INE crude price falls further on prospect of oversupply

Guangzhou (JLC), July 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Tuesday due to the prospect of an oversupply next year.

07-23-2024 19:35:26

China INE crude price falls on prospects of easing tensions

Guangzhou (JLC), July 17, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped on Wednesday because of the prospects of easing Middle East tensions.

07-17-2024 19:04:27

China INE crude price falls despite OPEC+ output cut extension

Guangzhou (JLC), June 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Monday, despite the news of an extension of OPEC+ production cuts.

06-03-2024 18:17:39

China INE crude falls again after IEA cuts oil demand growth forecast

Guangzhou (JLC), May 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday after the International Energy Agency (IEA) cut its global

05-16-2024 18:41:49

CNOOC unveils 2024 production target

Guangzhou (JLC), January 26, 2024 – CNOOC set its 2024 net production target at 700–720 million barrels of oil equivalent (boe), according to its 2024 Business Strategy and Development Plan.

01-26-2024 18:31:08

China INE crude price falls amid wait-and-see sentiment

Guangzhou (JLC), January 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Tuesday amid a wait-and-see sentiment.

01-16-2024 18:52:43

China INE crude price falls further after EIA cuts oil demand forecast

Guangzhou (JLC), December 13, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday, after the US Energy Information Administration (E

12-13-2023 18:44:51

Shandong independents see lower feedstock arrivals this week

Guangzhou (JLC), December 1, 2023--Shandong-based independent refiners and traders saw fewer feedstock arrivals in the week to December 1, as a result of import quota tightness.

12-01-2023 16:12:17

China INE crude price falls after OPEC+ delays its meeting

Guangzhou (JLC), November 23, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped again on Thursday after OPEC+ said it would postpone its meeting.

11-23-2023 19:11:07

Local government mulls relocation for Sinopec Qingdao Petrochemical

Guangzhou (JLC), November 16, 2023--The Qingdao government is planning to move Sinopec Qingdao Petrochemical’s oil refinery to Dongjiakou, where a new petrochemical zone has been planned.

11-16-2023 17:07:21

China INE crude price extends falls on US crude stock build

Guangzhou (JLC), November 8, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped further on Wednesday after US crude inventories saw a significant build.

11-08-2023 19:37:26

State-run oil majors ink deals worth USD53.8 b at CIIE as of Nov 5

Guangzhou (JLC), November 6, 2023 – Sinopec and Sinochem collectively signed agreements worth USD53.8 billion at the 6th China International Import Expo (CIIE) as of November 5.

11-06-2023 19:01:59

Feedstock arrivals in Shandong rally in October

Guangzhou (JLC), November 3, 2023--Feedstock arrivals in Shandong rallied in October, as local independents had increased purchases amid seasonally strong gasoline demand and profitable crude refining

11-03-2023 13:52:41

China INE crude price falls on bleaker economic outlook

Guangzhou (JLC), October 27, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) came down on Friday because of a bleaker economic outlook.

10-27-2023 19:27:31

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