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China INE crude price dips after OPEC+ announces large output hikes

Guangzhou (JLC), July 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday after OPEC+ decided to ramp up oil production more aggressively th

07-07-2025 19:07:55

China INE crude price edges up on potential price hike by Saudi Arabia

Guangzhou (JLC), July 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Wednesday, supported by the expectation of an oil price increase by S

07-02-2025 18:58:50

PetroChina and Sinopec hike July jet fuel ex-refinery prices

Guangzhou (JLC), July 2, 2025--State-owned PetroChina and Sinopec raised their ex-refinery prices of jet fuel for July after four consecutive cuts, as Singapore prices soared amid surges in internatio

07-02-2025 15:13:23

China to hike fuel ceilings on July 2, third time in a row

Guangzhou (JLC), July 1, 2025--China will mark up its retail ceilings of gasoline and diesel again on July 2, 2025 (Wednesday), the third time in a row, as international crude prices have risen.

07-01-2025 16:25:02

China to hike fuel ceilings again on June 18

Guangzhou (JLC), June 17, 2025--China will raise its retail ceilings of gasoline and diesel again on June 18, 2025, as international crude prices have increased further over the past 10 working days.

06-17-2025 11:50:13

SOEs to hike June refinery operating rate on less maintenance

Guangzhou (JLC), June 5, 2025--State-owned enterprises (SOEs) are likely to hike their refinery operating rates in June 2025, after maintenance peaked in April-May.

06-05-2025 18:44:39

China INE crude price dips on potential OPEC+ output hike

Guangzhou (JLC), May 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Wednesday amid expectations of another OPEC+ output hike.

05-28-2025 18:48:48

China INE crude slips on possibility of another OPEC+ output hike

Guangzhou (JLC), May 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid the possibility that OPEC+ will accelerate production incr

05-23-2025 18:29:56

US tariff hikes anticipated to alleviate China’s MEG oversupply

Shandong (JLC), April 11, 2025--The U.S. tariff policies are expected to help alleviate China’s MEG oversupply somewhat.

04-11-2025 17:06:00

INE crude price tumbles on OPEC+ output hike, US tariff concerns

Guangzhou (JLC), April 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted Monday on the announcement of a larger-than-expected OPEC+ output increase

04-07-2025 18:39:03

China to hike fuel ceilings on April 3

Guangzhou (JLC), April 2, 2025--China will raise its retail ceilings of gasoline and diesel on April 3, 2025 (Thursday), as international crude prices have rebounded over the past 10 working days.

04-02-2025 11:52:11

SOEs to hike Feb diesel output on expectation of recovering demand

Guangzhou (JLC), February 18, 2025--Chinese state-owned enterprises (SOEs) plan to boost their diesel production in February 2025, due to the expectation of recovering demand.

02-18-2025 15:53:22

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

China INE crude price picks up after Saudi Aramco hikes prices

Guangzhou (JLC), February 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Friday after Saudi Aramco hiked crude prices.

02-07-2025 19:07:42

China to hike fuel ceilings on Jan 17, second time in 2025

Guangzhou (JLC), January 16, 2025--China will hike its retail ceilings of gasoline and diesel on January 17, 2025 (Friday), the second time in 2025, as crude prices have extended gains.

01-16-2025 14:24:14

China to hike customs duties on imported fuel oil in 2025

Guangzhou (JLC), December 30, 2024--China will hike the temporary customs duties on imported fuel oil to 3% in 2025, up from 1%, according to a notice released by a State Council committee.

12-30-2024 18:07:41

Sinopec Jiujiang hikes jet fuel production and sales in Jan-Nov

Guangzhou (JLC), December 25, 2024--Sinopec Jiujiang Petrochemical hiked its jet fuel production and sales in the first eleven months of 2024 through various efforts, Sinopec said.

12-25-2024 18:26:15

China INE crude price rises again after OPEC+ delays output hike

Guangzhou (JLC), November 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday following reports of a further delay to OPEC+ producti

11-04-2024 18:41:30

China hikes ceiling on non-state crude imports for 2025

Guangzhou (JLC), October 23, 2024--China set the ceiling on non-state crude imports for 2025 at 257 million mt (5.14 million barrels per day), up 14 million mt or 5.76% from 2024.

10-23-2024 16:30:49

China to hike fuel ceilings on July 12

Guangzhou (JLC), July 11, 2024--China will hike its retail ceilings of gasoline and diesel on July 12, 2024 (Friday), following a further rise in international crude prices over the past ten working d

07-11-2024 13:57:28

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