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Independents' crude refining margins grow amid lower costs

Guangzhou (JLC), November 12, 2026--Shandong-based independents' refining margins for imported crude grew rapidly in the week to November 11, as crude costs plunged.

11-12-2026 11:19:13

China INE crude price remains range-bound

Guangzhou (JLC), November 9, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) was still range-bound on Monday, with the market keeping a close eye on developmen

11-09-2026 18:59:06

Sinopec to raise November crude runs amid less maintenance

Guangzhou (JLC), November 5, 2026--Sinopec is expected to raise its refinery crude runs in November when its refinery maintenance drops and refined product exports tend to stay high.

11-06-2026 15:17:47

Independents' refining margins for imported crude recoup some losses

Guangzhou (JLC), November 5, 2026--Shandong-based independents' refining margins for imported crude recouped some losses in early November, as crude costs retreated and sales revenue continued to incr

11-05-2026 11:26:11

Independents' refining margins for imported crude weaken further

Guangzhou (JLC), October 29, 2026--Shandong-based independents' refining margins for imported crude weakened further in late October, as crude costs soared again.

10-29-2026 13:48:50

China INE crude dips amid renewed diplomatic efforts to end Mideast conflict

Guangzhou (JLC), October 27, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid renewed diplomatic efforts to end the conflict in the Mi

10-27-2026 18:52:22

China-Myanmar crude pipeline's throughput tops 100 mln mt

Guangzhou (JLC), October 27, 2026--The China-Myanmar crude oil pipeline has transported more than 100 million mt of crude oil since it officially started operation in June 2017.

10-27-2026 17:36:12

Independents' refining margins for imported crude plunge

Guangzhou (JLC), October 22, 2026--Shandong-based independents' refining margins for imported crude plunged in the week to October 21 when crude costs rose more significantly than sales revenue.

10-22-2026 14:18:25

Independents' refining margins for imported crude turn negative

Guangzhou (JLC), October 15, 2026--Shandong-based independents' refining margins for imported crude turned negative in mid-October, due to a surge in crude costs.

10-15-2026 13:58:20

Maoming Port sees delivery of 300,000-dwt crude terminal

Guangzhou (JLC), October 14, 2026--After passing the handover acceptance, the 300,000-dwt crude oil terminal in the Bohe New Port Area of Maoming Port was delivered by No. 2 Engineering Co., Ltd. of C

10-14-2026 18:00:08

China INE crude price dips as market watches US-Iran diplomatic negotiations

Guangzhou (JLC), October 12, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday following reports that the United States has accepted some of

10-12-2026 19:00:32

Independents' crude refining margins weaken in early October

Guangzhou (JLC), October 9, 2026--Shandong-based independents' refining margins for imported crude weakened in early October, as refining costs increased and sales revenue declined.

10-09-2026 10:33:21

Independents' crude refining margins grow in late September

Guangzhou (JLC), September 30, 2026--Shandong-based independents' refining margins for imported crude grew in late September, because of an increase in their sales revenue.

09-30-2026 17:11:07

Independents' refining margins for imported crude rally

Guangzhou (JLC), September 23, 2026--Shandong-based independents' refining margins for imported crude rallied in the week to September 23, because of a drop in crude costs, despite a slight decline i

09-23-2026 18:39:19

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 17, 2026--Shandong-based independents' refining margins for imported crude retreated in mid-September, as crude costs rose more significantly than sales revenue.

09-17-2026 14:09:39

Independents' crude refining margins grow further

Guangzhou (JLC), September 11, 2026--Shandong-based independent refiners' crude refining margins grew further in the week to September 9, as sales revenue gained more than crude costs.

09-11-2026 10:47:59

State-owned refinery run rates slip on maintenance

Guangzhou (JLC), September 10, 2026--Chinese state-owned oil refineries' run rates retreated in the week ending September 9 (Wednesday) due to refinery maintenance, JLC’s data shows.

09-10-2026 19:04:42

Independents' refining margins for imported crude surge

Guangzhou (JLC), September 3, 2026--Shandong-based independent refiners' refining margins for imported crude surged in early September, as crude costs slipped and sales revenue increased.

09-03-2026 11:34:57

Independents' crude refining margins improve in late August

Guangzhou (JLC), August 27, 2026--Shandong-based independent refiners' crude refining margins improved in late August, because of increasing sales revenue, despite higher crude costs.

08-27-2026 17:14:38

Independents' refining margins for imported crude plunge

Guangzhou (JLC), August 20, 2026--Shandong-based independent refiners' refining margins for imported crude plunged in the week to August 19, when crude costs rose more significantly than sales revenue

08-20-2026 14:53:17

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