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China INE crude price retreats after US crude stocks surge

Guangzhou (JLC), October 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday due to a spike in the US crude inventories and stronger yuan

10-09-2024 18:52:15

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crude costs, despite a fall in

09-12-2024 16:55:03

Independents’ crude refining margins surge

Guangzhou (JLC), August 7, 2024--Shandong-based independents’ refining margins for imported crude surged in early August, boosted by a further fall in crude costs.

08-07-2024 17:41:37

Independents’ refining margins for imported crude surge

Guangzhou (JLC), July 25, 2024--Shandong-based independents’ refining margins for imported crude surged significantly in mid-to-late July as crude costs fell more than sales revenue, while margins for

07-25-2024 16:17:47

Independents’ refining margins for imported crude surge

Guangzhou (JLC), April 25, 2024--Shandong-based independents’ refining margins for imported crude surged in the week to April 24 as costs were reduced by falling international crude prices.

04-25-2024 15:39:17

Crude stocks at Shandong ports surge on more unloading

Guangzhou (JLC), March 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged in early March, because of more cargo unloading, though consumption grew modestly.

03-07-2024 18:58:05

Independents’ refining margins for imported crude surge

Guangzhou (JLC), January 4, 2024--Shandong-based independents’ refining margins for imported crude surged rapidly in early January as import costs decreased.

01-04-2024 14:36:00

Independents’ crude refining margins surge in early December

Guangzhou (JLC), December 6, 2023--Shandong-based independents’ crude refining margins surged in early December, as crude costs extended drops and prices of most downstream products ticked up.

12-06-2023 18:36:48

Independents’ refining margins for imported crude surge on lower costs

Guangzhou (JLC), November 15, 2023--Shandong-based independents’ refining margins for imported crude surged significantly in the middle of November, as crude costs fell further.

11-15-2023 18:29:24

Independents’ feedstock imports surge in past weeks

Guangzhou (JLC), October 20, 2023--Shandong-based independents have seen a surge in feedstock arrivals so far this month, as they increased purchases several months ago when domestic oil product deman

10-20-2023 14:24:46

China sees upsurges in imports of “Other Fuel Oil” and “Other Heavy Oil”

Guangzhou (JLC), August 22, 2023 – China’s imports under “Other Fuel Oil” (HS code 27101929) increased sharply to 562,033 mt in July, the highest level in recent years.

08-22-2023 16:29:52

Shandong independents’ crude arrivals surge in H1 Aug

Guangzhou (JLC), August 18, 2023--Shandong-based independents’ imported crude arrivals surged in the first half of August, because of new crude import quotas and an expectation of growing fuel demand

08-18-2023 11:49:54

Sichuan Petrochemical's crude runs surge 11.06% in H1 2023

Guangzhou (JLC), July 19, 2023--PetroChina Sichuan Petrochemical's crude runs soared by 11.06% year on year in the first half of 2023 (H1), PetroChina reported on its official news website.

07-19-2023 19:03:08

Independents’ feedstock imports surge over past weeks

Guangzhou (JLC), June 25, 2023--Shandong-based independent refiners and traders boosted their feedstock imports by 31.25% month on month in June 1-23, which was mainly ascribed to an expected increas

06-25-2023 16:58:56

China records surge in May crude imports

Guangzhou (JLC), June 7, 2023--China's crude imports soared in May 2023, both year on year and month on month, which could be ascribed to the unloading of some cargoes delayed from April.

06-07-2023 17:01:45

China’s apparent gasoline consumption surges 22.4% in April

Guangzhou (JLC), May 30, 2023--China’s apparent consumption of gasoline soared by 22.4% year on year in April, because of a relatively low base a year before when gasoline consumption was dampened by

05-30-2023 15:07:43

Shandong independents’ crude imports surge in May

Guangzhou (JLC), May 26, 2023--Shandong-based independents’ feedstock imports surged in May as previously expected, because of faster consumption.

05-26-2023 17:38:15

Shandong independents’ crude refining margins surge in early May

Guangzhou (JLC), May 4, 2023--Shandong-based independents saw a surprising surge in their crude refining margins in early May, on the back of lower costs despite weaker product prices.

05-04-2023 21:14:08

Daqing Petrochemical’s crude runs surge 4% in Q1 2023

Guangzhou (JLC), April 17, 2023--PetroChina Daqing Petrochemical’s crude throughput surged by 4% year on year in the first quarter (Q1) of 2023, PetroChina said on its news website.

04-17-2023 15:01:16

China INE crude price still surges on supply concerns

Guangzhou (JLC), April 4, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued surging on Tuesday, still supported by concerns of tightening supply after

04-04-2023 18:50:27

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