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Crude stocks at Shandong ports extend rises over past week

Guangzhou (JLC), December 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended rises in the week to December 12, as unloading outpaced outbound delivery.

12-12-2024 17:08:53

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

China INE crude edges down on surprise US gasoline stock build

Guangzhou (JLC), November 28, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Thursday as an unexpected build in the US gasoline stocks ahead

11-28-2024 18:55:22

China INE crude price extends losses on Israel-Hezbollah ceasefire deal

Guangzhou (JLC), November 27, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday following news that Israel and Hezbollah reached a ceas

11-27-2024 19:07:52

Shandong independents' run rates inch up as sales improve

Guangzhou (JLC), November 27, 2024--Shandong independent refiners' operating rates inched up in the week to November 27 as sales started to improve.

11-27-2024 18:29:24

China INE crude price retreats on possible Israel-Hezbollah ceasefire

Guangzhou (JLC), November 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday on hopes of a ceasefire between Israel and Hezbollah.

11-26-2024 19:01:21

Sinopec plans to start test runs at ZRCC Phase II by year-end

Guangzhou (JLC), November 25, 2024--Sinopec’s Zhenhai Refining and Chemical Company (ZRCC) will likely begin trial operation at its phase-II expansion project by the end of this year.

11-25-2024 18:25:20

China INE crude price growth slows on US crude & gasoline stock builds

Guangzhou (JLC), November 21, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday amid escalating geopolitical tensions, but the grow

11-21-2024 19:08:06

Shandong independents' run rates largely stable over past week

Guangzhou (JLC), November 20, 2024--Shandong independent refiners' operating rates became largely steady in the week to November 20, JLC's data shows.

11-20-2024 18:14:52

Sinopec and Aramco start building Gulei phase-II complex in Fujian

Guangzhou (JLC), November 19, 2024 – Sinopec, Aramco, and Fujian Petrochemical Company Limited (FPCL) began to construct the Gulei Phase-II Integrated Refining and Petrochemical Project.

11-19-2024 17:58:14

China INE crude price rallies on US gasoline inventory draw

Guangzhou (JLC), November 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after a surprise gasoline inventory draw in the United States

11-15-2024 19:07:14

China INE crude price dips after EIA raises global oil supply forecast

Guangzhou (JLC), November 14, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after the Energy Information Administration (EIA) upgraded

11-14-2024 18:26:12

China INE crude price falls further on hopes of easing tensions

Guangzhou (JLC), November 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Tuesday on the possibility of a de-escalation of tensions in t

11-12-2024 18:40:58

China INE crude price slips as US supply concerns fade

Guangzhou (JLC), November 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) dropped Monday on the back of easing US supply concerns.

11-11-2024 18:12:55

Crude stocks at Shandong ports rebound as unloading outpaces delivery

Guangzhou (JLC), November 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week to November 7 as cargo unloading outpaced delivery.

11-07-2024 20:03:18

China INE crude price edges down on easing supply concerns

Guangzhou (JLC), October 28, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower on Monday as Israel’s strikes on Iran over the weekend avoided oil fa

10-28-2024 18:46:38

China INE crude price rallies on rising Middle East tensions

Guangzhou (JLC), September 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday on the back of escalating conflicts in the Middle East and a

09-30-2024 16:15:52

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

Shandong independents' run rates slip as margins turn negative

Guangzhou (JLC), September 25, 2024--Shandong independent refiners' run rates dropped again in the week to September 25 as the refining margins for imported crude plunged into negative territory.

09-25-2024 17:52:19

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

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