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Shandong independents' run rates rally on unit restart

Guangzhou (JLC), July 2, 2025--Shandong independent refiners' operating rates rebounded in the week ending July 2, driven by the restart of a refinery in Weifang.

07-02-2025 18:38:36

China INE crude price range-bound

Guangzhou (JLC), July 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Tuesday amid uncertainty about U.S. tariffs.

07-01-2025 18:48:47

China INE crude price extends losses on stronger yuan

Guangzhou (JLC), June 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) slipped further on Thursday on the back of stronger Chinese yuan.

06-26-2025 19:09:07

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), June 26, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending June 26, as cargo unloading surpassed consumption, JLC’s data shows.

06-26-2025 18:11:47

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

Trading volume of China INE crude futures soars to new high

Guangzhou (JLC), June 24, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Tuesday, because of lingering concerns over pote

06-24-2025 18:45:24

Yanchang Petroleum completes half of annual refining target

Guangzhou (JLC), June 24, 2025--Shaanxi Yanchang Petroleum has completed 50.12% of its annual crude throughput target of 15.10 million mt as of June 19, the company said on its official Wechat account

06-24-2025 15:43:47

China INE crude price continues rising

Guangzhou (JLC), June 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday due to the possibility of U.S. involvement in the Iran-Israe

06-20-2025 18:51:23

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

China INE crude price surges amid ongoing Iran-Israel conflict

Guangzhou (JLC), June 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Wednesday as the conflict between Iran and Israel continued, raising concer

06-18-2025 19:03:43

Shandong independents' run rates rebound on unit restarts

Guangzhou (JLC), June 18, 2025--Shandong independent refiners' operating rates rebounded in the week ending June 18, putting an end to 11 weeks of drops, because of unit restarts.

06-18-2025 18:36:01

Trading volume of China INE crude futures surges to new high

Guangzhou (JLC), June 17, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Monday, because of supply concerns.

06-17-2025 11:49:32

China INE crude price soars on escalating Israel-Iran conflict

Guangzhou (JLC), June 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) spiked on Monday as the latest exchange of strikes between Israel and Iran stoked fea

06-16-2025 18:44:11

Sinopec Zhongke tallies over 66 million mt of crude throughput

Guangzhou (JLC), June 16, 2025--Up until the end of May 2025, Sinopec Zhongke (Guangdong) Refinery & Petrochemical processed 66.85 million mt of crude oil since it began operation five years ago.

06-16-2025 18:29:31

China INE crude price surges on mounting geopolitical risks

Guangzhou (JLC), June 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Friday amid concerns over potential supply disruptions due to rising tensio

06-13-2025 19:15:49

Crude stocks at Shandong ports rise as consumption slows down

Guangzhou (JLC), June 12, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week ending June 12, as local independent refiners’ consumption slowed down further.

06-12-2025 18:24:00

China INE crude price continues rising

Guangzhou (JLC), June 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday, still supported by optimism about China-U.S. trade talks

06-11-2025 18:44:58

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), June 11, 2025--Shandong independent refiners' operating rates extended falls in the week ending June 11, the 11th week in a row, amid peak maintenance.

06-11-2025 18:30:39

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