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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

Sinopec and PetroChina to tally drops in 2024 crude runs

Guangzhou (JLC), December 17, 2024--Both Sinopec and PetroChina are expected to tally a drop in their crude throughput in 2024, as demand for some products, particularly diesel, has dropped.

12-17-2024 18:31:59

State-owned refinery run rates drop in early December

Beijing (JLC), December 6, 2024--Chinese state-owned oil refineries' run rates fell in the week to December 4 (Wednesday), JLC’s data shows.

12-06-2024 10:09:34

China's crude runs drop on year for seven consecutive months

Guangzhou (JLC), November 15, 2024--China's crude oil throughput dropped for seven months in a row on a year-on-year comparison as of October, mainly due to relatively weak domestic product demand.

11-15-2024 11:50:55

Independents’ crude refining margins continue to drop

Guangzhou (JLC), November 13, 2024--Shandong-based independents’ crude refining margins continued to drop in mid-November, dampened by rising costs and decreasing sales revenue.

11-13-2024 18:37:00

China's daily crude imports drop 4.91% on month in October

Guangzhou (JLC), November 8, 2024--China's daily crude oil imports fell by 4.91% month on month in October 2024, according to the latest data from the General Administration of Customs of the PRC.

11-08-2024 17:30:46

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), October 31, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to October 31 when unloading was low, though consumption slowed down.

10-31-2024 17:36:02

China INE crude price drop slows on US crude & product stock draws

Guangzhou (JLC), October 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday on the back of easing Middle East supply risks, but the

10-30-2024 19:13:51

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

China INE crude price drops dramatically

Guangzhou (JLC), October 29, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged on Tuesday as near-term supply concerns related to geopolitical tensions e

10-29-2024 19:08:29

China's crude runs drop on year for six months in a row

Guangzhou (JLC), October 18, 2024--China’s crude oil throughput dropped for six months in a row on a year-on-year comparison as of September, mainly as a result of relatively weak domestic product dem

10-18-2024 14:25:25

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

State-owned refinery run rates drop on Sinopec maintenance

Beijing (JLC), October 11, 2024--Chinese state-owned oil refineries' run rates fell in the week to October 9, 2024 (Wednesday) due to more maintenance, JLC’s data shows.

10-11-2024 15:41:40

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 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

Crude stocks at Shandong ports drop sharply in late August

Guangzhou (JLC), August 29, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped sharply in late August when not much feedstock was unloaded and consumption grew.

08-29-2024 18:34:26

China INE crude price drops on demand worries, US crude stock build

Guangzhou (JLC), August 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Thursday due to demand concerns and a surprise build in the US crude stocks

08-15-2024 18:51:32

Shandong independents' run rates drop modestly on unit shutdown

Guangzhou (JLC), August 7, 2024--Shandong independent refiners’ operating rates dropped modestly in early August, following the shutdown of a refiner’s crude distillation unit (CDU).

08-07-2024 18:34:52

State-owned refineries' July run rates rebound after three drops

Guangzhou (JLC), August 1, 2024--Chinese state-owned oil companies raised their refinery operating rates in July when they had less maintenance, after drops in three consecutive months.

08-01-2024 16:55:41

Shandong independents' run rates drop amid weaker margins

Guangzhou (JLC), July 10, 2024--Shandong independent refiners’ operating rates dropped in the week to July 10 when some refineries lowered crude runs mainly due to poorer refining margins.

07-10-2024 18:44:55

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