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Sinopec raises Shengli crude price for December

Guangzhou (JLC), December 26, 2024--Sinopec marked up its Shengli crude price slightly for December 2024, following modest rises in international crude prices, according to refiner sources in Shandong

12-26-2024 17:36:35

Independents find lower crude refining margins in late Dec

Guangzhou (JLC), December 26, 2024--Shandong-based independents found lower refining margins for imported crude in late December, because of falling sales revenue.

12-26-2024 15:17:21

Shandong independents' run rates inch down in late December

Guangzhou (JLC), December 25, 2024--Shandong independent refiners' operating rates edged down in the week to December 25, with a couple of refiners cutting their throughput modestly.

12-25-2024 18:18:29

China INE crude price range-bound on mixed factors

Guangzhou (JLC), December 24, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday due to mixed factors.

12-24-2024 19:02:48

PetroChina Guangdong receives over 20 mln mt of crude in 2024

Guangzhou (JLC), December 23, 2024--As of December 19, PetroChina Guangdong Petrochemical has received about 20.67 million mt of crude oil via its crude terminal in 2024.

12-23-2024 19:22:08

China INE crude price slips further on stronger yuan

Guangzhou (JLC), December 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday on the back of stronger Chinese currency and a rise i

12-23-2024 18:39:05

Sinopec Qilu Petrochemical begins upgrading its refinery

Guangzhou (JLC), December 20, 2024 – Sinopec Qilu Petrochemical started to construct its upgrade project on December 19, Sinopec announced at a ceremony held in Zibo on Thursday.

12-20-2024 14:52:04

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

Crude stocks at Shandong ports retreat in mid-December

Guangzhou (JLC), December 19, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week to December 19, as outbound delivery outpaced cargo unloading.

12-19-2024 18:40:05

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

Shandong independents' run rates drop amid unit shutdown

Guangzhou (JLC), December 18, 2024--Shandong independent refiners' operating rates fell considerably in the week to December 18 due to unit shutdown.

12-18-2024 18:13:18

China INE crude price range-bound ahead of Fed meeting

Guangzhou (JLC), December 17, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday amid wait-and-see sentiment ahead of a Fed meeting.

12-17-2024 19:02:42

Cangzhou Port Group starts building 300,000-dwt crude terminal

Guangzhou (JLC), December 17, 2024--Cangzhou Port Development Group kicked off the construction of a 300,000-dwt crude oil terminal project at Huanghua Port in Hebei Province on December 15.

12-17-2024 17:59:10

Yanchang Petroleum's crude runs gain 4% in January-November

Guangzhou (JLC), December 13, 2024--Yanchang Petroleum Refining and Chemical's crude runs rose by 4.01% year on year in January-November 2024, according to data from the company.

12-13-2024 18:20:25

Crude stocks at Shandong ports extend rises over past week

Guangzhou (JLC), December 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended rises in the week to December 12, as unloading outpaced outbound delivery.

12-12-2024 17:08:53

Independents’ refining margins for imported crude turn positive

Guangzhou (JLC), December 11, 2024--Shandong-based independents’ refining margins for imported crude turned positive this week, after ten consecutive negative weeks, as crude costs slid and downstream

12-11-2024 18:56:15

Shandong independents' run rates up on better margins

Guangzhou (JLC), December 11, 2024--Shandong independent refiners' operating rates rose slightly in the week to December 11 as refining margins improved further.

12-11-2024 18:49:12

China INE crude price rallies on signs of growing Chinese demand

Guangzhou (JLC), December 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after data pointed to rising oil demand from China.

12-10-2024 19:02:28

Crude stocks at Shandong ports rebound slightly in early December

Guangzhou (JLC), December 6, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded slightly in the week to December 5, as unloading outpaced outbound delivery modestly.

12-06-2024 16:11:20

Shandong independents' November run rates rise for 5 straight months

Guangzhou (JLC), December 6, 2024--Shandong-based independent refiners' operating rates rose for a fifth consecutive month in November because of a unit restart.

12-06-2024 15:33:38

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