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Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

China INE crude price extends gains after bullish US jobs report

Guangzhou (JLC), July 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Friday following a stronger-than-expected US jobs report for June

07-04-2025 18:45:50

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

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

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's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

Crude stocks at Shandong ports largely steady in early June

Guangzhou (JLC), June 6, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports held largely steady in the week ending June 5, JLC’s data shows.

06-06-2025 10:52:07

Independents find higher refining margins for imported crude

Guangzhou (JLC), June 5, 2025--Shandong-based independent refiners found higher refining margins for imported crude in early June, because of rising sales revenue and slightly lower crude costs.

06-05-2025 14:35:13

Crude stocks at Shandong ports drop modestly

Guangzhou (JLC), May 29, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending May 29, JLC's data shows.

05-29-2025 19:08:58

Crude stocks at Shandong ports largely stable

Guangzhou (JLC), May 23, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely steady in the week ending May 22.

05-23-2025 13:49:33

China cuts crude imports from Russia in Jan-Apr 2025

Guangzhou (JLC), May 20, 2025--China reduced its crude imports from Russia in the first four months of 2025, which could be ascribed to higher premiums amid tightening supply.

05-20-2025 14:23:34

Crude stocks at Shandong ports retreat from five-week high

Guangzhou (JLC), May 15, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell in the middle of May, as cargo unloading slowed down.

05-15-2025 19:07:52

China's April crude imports retreat from 19-month high

Guangzhou (JLC), May 9, 2025--China's crude imports retreated in April 2025, after hitting a 19-month high in March, data from the General Administration of Customs of the PRC (GACC) showed on Friday.

05-09-2025 17:27:35

Crude stocks at Shandong ports rise to five-week high

Guangzhou (JLC), May 8, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further to a five-week high in early May, because of large cargo arrivals and slower consumption.

05-08-2025 18:45:28

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

China's crude imports from Canada surge in Jan-Mar 2025

Guangzhou (JLC), April 21, 2025--China's crude imports from Canada surged year on year in the first three months of 2025, according to the data released by the GACC.

04-21-2025 16:20:46

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