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Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

China INE crude price rallies on rising geopolitical tensions

Guangzhou (JLC), April 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday amid mounting tensions between the US and Iran.

04-01-2025 18:41:44

Crude stocks at Shandong ports rebound modestly

Guangzhou (JLC), March 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in the week ending March 27, as unloading outpaced outbound delivery.

03-27-2025 18:17:30

Independents’ crude refining margins continue to drop

Guangzhou (JLC), March 27, 2025--Shandong-based independents’ crude refining margins continued to drop in late March, due to higher costs and lower sales revenue.

03-27-2025 14:18:48

Shandong independents’ run rates surge after unit restart

Guangzhou (JLC), March 26, 2025--Shandong independent refiners’ operating rates surged in the week ending March 26, mainly because of the unit restart of two refiners.

03-26-2025 18:45:48

Crude stocks at Shandong ports retreat slightly

Guangzhou (JLC), March 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated slightly in the week ending March 20, after four consecutive weeks of gains.

03-20-2025 18:57:16

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China INE crude price dips on signs of easing Russia-Ukraine crisis

Guangzhou (JLC), March 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday on signs of a de-escalation of tensions between Russia and Uk

03-19-2025 19:20:41

Shandong independents’ run rates retreat as maintenance counters restart

Guangzhou (JLC), March 19, 2025--Shandong independent refiners’ operating rates retreated in the week ending March 19, after a crude distillation unit (CDU) came offline for maintenance.

03-19-2025 19:00:03

Independents find lower refining margins

Guangzhou (JLC), March 19, 2025--Shandong-based independents found lower refining margins for imported crude in the week to March 19, dragged down by rising crude costs and falling sales revenue.

03-19-2025 18:48:13

China INE crude price rallies on rising tensions

Guangzhou (JLC), March 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday due to escalating geopolitical tensions in the Red Sea.

03-17-2025 19:16:29

Shandong Dongming to build refining-chemical project

Guangzhou (JLC), March 14, 2025--Dongming Petrochemical Group plans to build a 15.0 million mt/yr refining-chemical integration project in Shandong province.

03-14-2025 16:41:49

Crude stocks at Shandong ports up as cargo arrivals return to normal

Guangzhou (JLC), March 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in the week ending March 13 as cargo arrivals were gradually returning to normal.

03-13-2025 18:31:06

Independents’ refining margins for imported crude continue to grow

Guangzhou (JLC), March 13, 2025--Shandong-based independents’ refining margins for imported crude continued to grow in mid-March, buoyed by dropping crude costs, despite lower sales revenue.

03-13-2025 14:39:21

Shandong independents’ run rates extend rises as margins improve

Guangzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

China INE crude price rises as worries over rising OPEC+ supply ease

Guangzhou (JLC), March 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday after Russia said OPEC+’s decision to increase output co

03-10-2025 18:57:51

Crude stocks at Shandong ports rise on growing cargo arrivals

Guangzhou (JLC), March 6, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports increased moderately in the week ending March 6 as cargo arrivals outpaced feedstock consumption.

03-06-2025 17:55:10

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