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China INE crude price plunges on US-Iran MoU

Guangzhou (JLC), June 15, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Monday following the announcement of a memorandum of understanding (MoU)

06-15-2026 18:56:20

China INE crude price rises after US crude stocks plunge

Guangzhou (JLC), May 20, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday after data showed a slump in the US crude oil stockpiles.

05-20-2026 19:03:25

China INE crude price plunges amid hopes of US-Iran peace deal

Guangzhou (JLC), May 7, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Thursday after the United States expressed optimism about reaching a pe

05-07-2026 19:18:28

China INE crude plunges after Trump signals end of Iran war in weeks

Guangzhou (JLC), April 1, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Wednesday after US President Donald Trump said the conflict in Iran coul

04-01-2026 19:05:28

China INE crude plunges after IEA estimates slower demand growth

Guangzhou (JLC), February 13, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated sharply on Friday after the International Energy Agency (IEA) revised d

02-13-2026 19:08:25

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

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

Crude stocks at Shandong ports plunge in late November

Guangzhou (JLC), November 28, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports plunged in the week to November 28, as more feedstock was delivered out of local ports.

11-28-2024 17:59:18

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

China INE crude price plunges on bearish US jobs data

Guangzhou (JLC), August 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell significantly on Monday, as the latest US jobs report sparked fears of a recess

08-05-2024 19:05:13

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

China INE crude price plunges on US inflation concerns

Guangzhou (JLC), May 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell sharply on May 6 due to concerns over persisting high inflation in the US and a bu

05-06-2024 18:55:32

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 plunge as products weaken

Guangzhou (JLC), October 18, 2023--Shandong-based independents’ crude refining margins plunged in mid-October when downstream oil product prices fell further.

10-18-2023 18:25:19

China INE crude price plunges on demand uncertainty

Guangzhou (JLC), October 9, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) slumped in early October due to uncertainty about global oil demand.

10-09-2023 19:24:41

China's jet fuel imports plunge as domestic output soars

Guangzhou (JLC), June 25, 2023--China slashed its jet fuel imports in the first five months of 2023 when domestic production soared.

06-25-2023 13:52:54

Shandong-based independents’ refining margins plunge in late Mar

Guangzhou (JLC), March 29, 2023--Shandong-based independents’ refining margins for imported crude fell back from the previous high in late March, as import costs increased and downstream product pric

03-29-2023 19:04:44

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