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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

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

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 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’ refining margins for imported crude double

Guangzhou (JLC), July 31, 2024--Shandong-based independents’ refining margins for imported crude doubled in late July as crude costs extended drops, despite lower sales revenue.

07-31-2024 19:01:33

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2024--Shandong-based independents’ refining margins for imported crude plunged in the week to June 19, squeezed by rallying costs and falling sales revenue.

06-19-2024 18:02:03

Independents’ crude refining margins dive further

Guangzhou (JLC), May 23, 2024--Shandong-based independents’ refining margins for imported crude dived further in the week to May 22, as their sales revenue decreased and crude costs climbed slightly.

05-23-2024 14:41:00

Shandong independents' run rates inch up further amid better margins

Guangzhou (JLC), April 24, 2024--Shandong independent refiners’ operating rates inched up further in the week to April 24 when some refiners’ throughput raises countered some others’ cuts.

04-24-2024 18:33:53

Independents’ refining margins for imported crude turn positive

Guangzhou (JLC), April 17, 2024--Shandong-based independents’ refining margins for imported crude rebounded and turned positive in the middle of April, as prices of most downstream products increased

04-17-2024 18:36:58

Independents’ refining margins for imported crude move lower

Guangzhou (JLC), April 11, 2024--Shandong-based independents’ refining margins for imported crude moved lower in the week to April 10, as crude costs extended increases.

04-11-2024 15:14:24

Independents’ crude refining margins plunge further

Guangzhou (JLC), April 3, 2024--Shandong-based independents’ crude refining margins plunged further in early April, dampened by continuous rises in crude costs.

04-03-2024 17:58:23

Independents’ crude refining margins worsen in late Mar

Guangzhou (JLC), March 27, 2024--Shandong-based independents saw worse margins for crude refining in late March, because of higher crude costs.

03-27-2024 18:37:12

Shandong independents' run rates lower on poor refining margins

Guangzhou (JLC), March 27, 2024--Shandong independent refiners’ operating rates fell modestly in the week to March 27, as some refiners reduced their crude throughput due to bad refining margins.

03-27-2024 18:14:11

Independents find higher refining margins for imported crude

Guangzhou (JLC), March 14, 2024--Shandong-based independents found higher refining margins for imported crude in the middle of this month, because of falling crude costs as well as a rise in most pro

03-14-2024 15:51:03

Shandong independents' run rates drop on bad margins

Guangzhou (JLC), February 28, 2024--Shandong independent refiners lowered their operating rates in late February, because of bad refining margins and relatively weak fuel demand.

02-28-2024 17:55:44

Independents’ refining margins for imported crude soar

Guangzhou (JLC), February 8, 2024--Shandong-based independents’ refining margins for imported crude soared significantly in early February as crude costs decreased, while their margins for domestic c

02-08-2024 16:09:55

Independents find higher refining margins for imported crude

Guangzhou (JLC), January 11, 2024--Shandong-based independents found higher refining margins for imported crude in the week to January 10, as crude costs slipped and prices of most oil products rose.

01-11-2024 14:37:30

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’ refining margins for imported crude tumble again

Guangzhou (JLC), December 27, 2023--Shandong-based independents’ refining margins for imported crude tumbled again in late December, because of a further rise in import costs.

12-27-2023 18:37:33

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

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