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China’s crude imports rebound from nearly decade low

Guangzhou (JLC), August 7, 2026--China's crude oil imports rebounded month on month in July 2026 after hitting a nearly decade low in June, according to data released by the General Administration of

08-07-2026 19:29:46

China INE crude price rallies amid growing geopolitical tensions

Guangzhou (JLC), August 7, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday amid escalating tensions in the Middle East.

08-07-2026 18:48:48

Changhong hands over new LNG vessel to MSC

Beijing (JLC), August 7, 2026--Zhoushan Changhong International Shipyard delivered the fourth 10,300 TEU LNG dual-fuel vessel to Mediterranean Shipping Company (MSC) on August 3, the company said on i

08-07-2026 10:15:24

China INE crude price slips amid progress in Iran-Oman talks

Guangzhou (JLC), August 6, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Thursday due to a potential agreement between Iran and Oman regardi

08-06-2026 19:12:14

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in early August, as crude costs dropped rapidly and sales revenue increased.

08-06-2026 16:05:40

Caofeidian crude storage project to be completed by end of August

Guangzhou (JLC), August 5, 2026--The Caofeidian crude oil storage and transportation project is expected to see mechanical completion by August 30, according to CNCEC No. 14.

08-05-2026 18:08:04

China benzene output down by 6.49% MoM in Jul

Shandong (JLC), August 5, 2026 – China benzene output stood at about 1.5319 mln mt in July, down by about 6.49% month on month and down by 15.4% year on year, mainly due to a large decrease in operati

08-05-2026 17:17:41

State-owned refinery run rate continues to climb in July

Beijing (JLC), August 5, 2026—Chinese state-owned refineries ran at 73.31% of their crude distillation unit (CDU) capacity on average in July 2026.

08-05-2026 16:02:31

China INE crude price drops amid easing supply concerns

Guangzhou (JLC), August 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday amid hopes of a resumption of shipping through the Strait of Hormuz.

08-04-2026 19:01:26

Liaoning Jincheng Petrochemical exports MTBE for first time

Guangzhou (JLC), August 4, 2026--Liaoning Jincheng Petrochemical exported its first batch of MTBE by sea recently, the company said on its WeChat platform on August 2.

08-04-2026 18:49:57

PetroChina Yunnan’s monthly jet fuel sales top 200,000 mt

Guangzhou (JLC), August 4, 2026--PetroChina Yunnan Petrochemical’s jet fuel sales passed the 200,000 mt mark in July 2026, an upsurge of over 20% from the same month last year, PetroChina announced on

08-04-2026 15:07:29

China INE crude price edges down amid expected US-Iran talks

Guangzhou (JLC), August 3, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower amid expectations of negotiations between the United States and Iran.

08-03-2026 19:05:38

China's apparent fuel oil consumption plunges in H1

Guangzhou (JLC), August 3, 2026--China's apparent consumption of fuel oil plunged in the first half of this year, due to multiple factors.

08-03-2026 18:40:21

Sinopec Jinan starts export of lubricant base oil processed with supplied materials

Guangzhou (JLC), August 3, 2026--Sinopec Jinan Refining & Chemical completed the loading and dispatch of its first batch of high-viscosity Group II No. 10 lubricant base oil in late July, destined for

08-03-2026 17:01:37

China INE crude soars after Trump says US will hit Iran in retaliation

Guangzhou (JLC), July 30, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded sharply on Thursday after US President Donald Trump said the United States

07-30-2026 18:38:06

Crude stocks at Shandong ports slip to over 45-month low

Guangzhou (JLC), July 30, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell further in the week ending July 30, hitting a new low in more than 45 months.

07-30-2026 18:37:11

Shanxi approves filing of 1.5 bcm/yr CBM field project

Beijing (JLC), July 30, 2026—The Zuoquanxi coalbed methane field project, with an annual capacity of 1.5 bcm, was filed with the Shanxi Provincial Development and Reform Commission.

07-30-2026 17:39:13

China’s gas-fueled heavy truck sales plunge 15% MoM in June

Shandong (JLC), July 30, 2026—China’s manufacturers sold 11,800 natural gas-fueled heavy-duty trucks in June, slumping by 15% month on month and 12% year on year, according to market sources.

07-30-2026 16:32:13

Independents' refining margins for imported crude weaken

Guangzhou (JLC), July 30, 2026--Shandong-based independent refiners' refining margins for imported crude weakened in late July, as crude costs rose more significantly than sales revenue.

07-30-2026 15:55:54

New crude tanks for SDIC Yangpu T1 tank farm topped out

Guangzhou (JLC), July 29, 2026--SDIC Oil & Gas Terminal Yangpu Co., Ltd. recently topped out four 100,000-cbm crude storage tanks as part of the expansion project of the SDIC Yangpu T1 tank farm.

07-29-2026 17:05:34

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