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Shandong independents unload more feedstock in October

Guangzhou (JLC), November 8, 2024--Shandong-based independent refiners unloaded more imported feedstock in October, as their consumption increased amid unit restarts and growing gasoline demand.

11-08-2024 14:21:04

Independents’ refining margins for imported crude slip modestly

Guangzhou (JLC), November 7, 2024--Shandong-based independents’ refining margins for imported crude slipped modestly in early November, as crude costs gained more ground than sales revenue.

11-07-2024 18:03:03

Independents’ crude refining margins improve in late Oct

Guangzhou (JLC), October 31, 2024--Shandong-based independents’ refining margins for imported crude improved in late October, buoyed by slipping costs and increasing sales revenue.

10-31-2024 14:40:25

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Independents’ refining margins for imported crude rally

Guangzhou (JLC), October 23, 2024--Shandong-based independents’ refining margins for imported crude rallied in the week to October 23, as crude costs dropped more than sales revenue.

10-23-2024 18:07:30

Crude stocks at Shandong ports rally in mid-October

Guangzhou (JLC), October 17, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in mid-October, as cargo unloading exceeded outbound delivery.

10-17-2024 18:15:49

Independents find further drops in crude refining margins

Guangzhou (JLC), October 16, 2024--Shandong-based independents found further drops in their crude refining margins in the middle of September, due to continuous rises in crude costs and slips in their

10-16-2024 18:38:10

Shandong independents’ feedstock unloading plunges 12.8% in Q1-Q3

Guangzhou (JLC), October 16, 2024--Shandong-based independent refiners’ feedstock unloading plunged by 12.8% in the first three quarters of this year, which could mainly be ascribed to softer demand a

10-16-2024 13:55:06

Feedstock unloading continues to grow in September

Guangzhou (JLC), October 11, 2024--Shandong-based independent refiners continued to raise their feedstock unloading in September, as diesel demand grew in a strong season.

10-11-2024 17:58:33

Independents’ refining margins for imported crude worsen

Guangzhou (JLC), October 9, 2024--Shandong-based independents’ refining margins for imported crude worsened in the week to October 9, as crude costs increased and oil product prices continued to fall

10-09-2024 18:44:32

Independents’ refining margins for imported crude turn negative

Guangzhou (JLC), September 25, 2024--Shandong-based independents’ refining margins for imported crude plunged significantly and turned negative in late September, due to higher crude costs and lower s

09-25-2024 17:27:22

DES Shandong premiums for ESPO turn positive, first time in 2024

Guangzhou (JLC), September 24, 2024--The DES Shandong premiums for Russian ESPO Blend began to rise in mid-to-late August and turned positive on September 23, which could mainly be ascribed to increa

09-24-2024 18:24:00

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), September 19, 2024--Shandong-based independents’ refining margins for imported crude retreated in mid-to-late September, squeezed by rising crude costs and decreasing sales revenue.

09-19-2024 14:24:02

Crude stocks at Shandong ports drop on faster consumption

Guangzhou (JLC), September 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased further in the week to September 12, mainly as a result of faster consumption.

09-12-2024 18:06:25

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

Crude stocks at Shandong ports extend falls in early Sept

Guangzhou (JLC), September 5, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended falls in early September, due to a plunge in cargo unloading and a rise in local indepe

09-05-2024 17:59:51

Independents unload more imported feedstock in August

Guangzhou (JLC), September 5, 2024--Shandong-based independent refiners unloaded more imported feedstock in August, mainly because of stronger gasoline demand and better crude refining margins.

09-05-2024 17:32:03

Bohai Oilfield sets record high in its daily crude oil output

Guangzhou (JLC), September 5, 2024--The Bohai Oilfield’s daily crude oil production has recently exceeded the mark of 100,000 mt, hitting a record high in nearly sixty years of the oilfield’s developm

09-05-2024 17:29:55

Independents’ refining margins for imported crude drop further

Guangzhou (JLC), September 4, 2024--Shandong-based independents found lower refining margins for imported crude in early September, because of lower sales revenue, despite falling costs.

09-04-2024 18:53:42

Independents’ crude refining margins move lower

Guangzhou (JLC), August 29, 2024--Shandong-based independents’ crude refining margins moved lower in late August, as their sales revenue continued to drop.

08-29-2024 14:56:41

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