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China INE crude price extends losses after Saudi Aramco price cut

Guangzhou (JLC), December 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday, following Saudi Aramco’s cut in oil selling prices and and

12-09-2024 19:13:57

China INE crude price slips despite OPEC+ output cut extension

Guangzhou (JLC), December 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday, despite OPEC+’s decision to postpone the phase-out of its

12-06-2024 19:13:49

Changqing Oilfield hits milestone for fifth consecutive year

Guangzhou (JLC), November 29, 2024--The year-to-date oil and gas output at Changqing Oilfield – China’s largest oil-and-gas field – has exceeded 60 million mt of oil equivalent.

11-29-2024 18:40:56

Sinopec cuts Shengli crude price for November

Guangzhou (JLC), November 26, 2024--Sinopec marked down its Shengli crude price for November 2024, following drops in international crude prices, according to refiner sources in Shandong.

11-26-2024 19:06:01

China's crude runs drop on year for seven consecutive months

Guangzhou (JLC), November 15, 2024--China's crude oil throughput dropped for seven months in a row on a year-on-year comparison as of October, mainly due to relatively weak domestic product demand.

11-15-2024 11:50:55

Sinopec to cut its crude runs in Q4 2024

Guangzhou (JLC), October 29, 2024--Sinopec will cut its crude runs in the last quarter (Q4) of 2024, judged from its plan for the second half of 2024 and its throughput in Q3.

10-29-2024 18:54:57

China INE crude price rallies after China cuts benchmark lending rates

Guangzhou (JLC), October 22, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after China cut its market-based benchmark lending rates as p

10-22-2024 19:21:12

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 INE crude price slips after OPEC cuts demand growth estimate

Guangzhou (JLC), October 15, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday after OPEC cut its global oil demand growth forecast. SC241

10-15-2024 18:29:07

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

China INE crude price rises on prospect of Fed rate cut

Guangzhou (JLC), September 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday, due to the prospect of a Fed rate cut and lingering supp

09-18-2024 19:20:39

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

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

China INE crude price rises again despite OPEC’s cut in demand forecast

Guangzhou (JLC), August 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rose further on Tuesday, still supported by concerns over tensions in the Middle Ea

08-13-2024 18:14:32

China cuts crude imports from Russia in May

Guangzhou (JLC), June 20, 2024--China reduced its crude imports from Russia in May 2024 when the former’s demand weakened and shipments from the other top five suppliers grew year on year.

06-20-2024 12:07:50

Chinese SOEs to cut June crude runs to year’s lowest

Guangzhou (JLC), June 3, 2024--Chinese state-owned enterprises plan to cut their daily crude throughput to the lowest so far this year in June, because of refinery maintenance and abundant supply.

06-03-2024 18:57:19

China INE crude price falls despite OPEC+ output cut extension

Guangzhou (JLC), June 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined on Monday, despite the news of an extension of OPEC+ production cuts.

06-03-2024 18:17:39

China INE crude falls again after IEA cuts oil demand growth forecast

Guangzhou (JLC), May 16, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Thursday after the International Energy Agency (IEA) cut its global

05-16-2024 18:41:49

State-owned refiners to cut May crude runs on abundant supply

Guangzhou (JLC), May 6, 2024--Chinese state-owned oil refiners are expected to cut their crude throughput in May, because of abundant supply and slow demand growth.

05-06-2024 17:38:45

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

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