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State-owned refinery run rates largely stable

Guangzhou (JLC), September 12, 2025--Chinese state-owned oil refineries' run rates barely changed in the week ending September 10 (Wednesday), JLC's data shows.

09-12-2025 15:34:12

Crude stocks at Shandong ports retreat on higher consumption

Guangzhou (JLC), September 11, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending September 11, as local independent refiners' feedstock consumption

09-11-2025 18:56:30

China INE crude price up amid prospect of new EU sanctions on Russia

Guangzhou (JLC), September 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday as the European Union (EU) is advancing a new roun

09-11-2025 17:43:38

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

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

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

China INE crude price grows further after Israeli strike on Qatar

Guangzhou (JLC), September 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday after Israel attacked Hamas leaders in Qatar.

09-10-2025 17:49:58

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

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

State-owned refinery run rates higher on more restarts in August

Guangzhou (JLC), September 9, 2025--Chinese state-owned oil refineries' run rates rose again in August, following the restart of a crude distillation unit (CDU) and one refinery.

09-09-2025 10:14:15

China INE crude price down on further output boost by OPEC+

Guangzhou (JLC), September 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday after OPEC+ decided to further ramp up output in Octo

09-08-2025 18:14:59

China's crude imports rebound on month in August

Guangzhou (JLC), September 8, 2025--China's crude oil imports rallied month on month in August 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

09-08-2025 16:36:00

CNOOC starts up another oilfield project

Guangzhou (JLC), September 8, 2025--State-owned China National Offshore Oil Corporation (CNOOC) has launched production at the Wenchang 16-2 oilfield development project, the company announced on its

09-08-2025 14:07:05

China INE crude price slips further on US crude stock build

Guangzhou (JLC), September 5, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday after the Energy Information Administration (EIA) rep

09-05-2025 18:40:44

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), September 4, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending September 4, as unloading outpaced outbound delivery.

09-04-2025 19:04:33

China INE crude price retreats on possible OPEC+ output hike

Guangzhou (JLC), September 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid the potential for further output increases by OPEC+ an

09-04-2025 18:37:20

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

China INE crude price inches higher

Guangzhou (JLC), September 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Wednesday amid lingering supply concerns.

09-03-2025 19:09:59

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

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