Energy report, Chemical report,News & Commentary, Market Price, JLC database

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), December 19, 2024--Shandong-based independents’ refining margins for imported crude retreated this week, due to a rally in crude costs, despite a slight increase in sales revenue.

12-19-2024 14:25:58

Independents’ refining margins for imported crude turn positive

Guangzhou (JLC), December 11, 2024--Shandong-based independents’ refining margins for imported crude turned positive this week, after ten consecutive negative weeks, as crude costs slid and downstream

12-11-2024 18:56:15

China's crude imports rebound to 15-month high in November

Guangzhou (JLC), December 10, 2024--China's crude imports rebounded sharply to a 15-month high in November 2024, which could be ascribed to lower prices in September when orders were placed.

12-10-2024 14:44:36

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

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’ 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

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China cuts crude imports from major suppliers in September

Guangzhou (JLC), October 21, 2024--China reduced its crude imports from majors suppliers including Russia, Malaysia, Iraq, Angola and Brazil in September, according to data from the GACC.

10-21-2024 11:55:47

China's September crude imports retreat from year high

Guangzhou (JLC), October 14, 2024--China’s crude oil imports retreated in September, after hitting this year’s new high in August, according to data released by the GACC.

10-14-2024 18:17:03

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

China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

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

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

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

China’s crude imports rebound to one-year high in August

Guangzhou (JLC), September 10, 2024--China’s crude oil imports rebounded to about 49.10 million mt in August 2024, with the daily imports at 11.56 million barrels, a new high in one year, according to

09-10-2024 15:21:38

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

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

China cuts crude imports from major suppliers in July 2024

Guangzhou (JLC), August 20, 2024--China cut its crude imports from major suppliers in July 2024 when the former’s imports hit a 21-month low, according to data from the GACC.

08-20-2024 14:35:15

Independents’ refining margins for imported crude tumble

Guangzhou (JLC), August 14, 2024--Shandong-based independents’ refining margins for imported crude retreated significantly in mid-August, as crude costs rallied and sales revenue decreased.

08-14-2024 17:41:04

Independents unload less imported feedstock in July

Guangzhou (JLC), August 9, 2024--Shandong-based independent refiners unloaded less imported feedstock in July, largely due to poorer refining margins.

08-09-2024 16:54:26

Login

Leading provider of market intelligence and pricing solutions for energy products and commodities in China