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China's April crude runs hit two-year low amid lockdown

Guangzhou (JLC), May 17, 2022--Chinese refiners cut their crude throughput to a two-year low in April 2022 when China implemented tight restrictions against the virus and placed some cities under full

05-17-2022 16:19:45

Sinopec Shanghai refineries’ crude runs slip amid lockdown

Beijing (JLC), April 21, 2022—Sinopec Shanghai refineries have cut their throughputs in response to the softening oil market on omicron variant-led restrictions and lockdown.

04-21-2022 14:04:29

China INE crude price extends losses on Shanghai lockdown

Guangzhou (JLC), March 28, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) fell further Monday, as a new lockdown in Shanghai stocked up demand fears.

03-28-2022 18:39:06

Shandong independents cut run rates further on lockdown

Guangzhou (JLC), March 16, 2022--Shandong-based independent refiners have cut their operating rates further this week, because of large-scale lockdown in the province after many cities reported new in

03-16-2022 18:49:43

Sinopec ZRCC maintains normal production despite lockdown

Guangzhou (JLC), December 21, 2021--Sinopec Zhenhai Refining and Chemical Company (ZRCC) in east China's Ningbo maintained normal unit operation during the 13-day lockdown as from December 7, Sinopec said on its news website.

12-21-2021 14:36:40

Lockdown in Ningbo slows down local fuel delivery

Guangzhou (JLC), December 8, 2021--Zhenhai district in east China's Ningbo went into lockdown as from December 7, after several indigenous local cases were reported, and mobility restrictions are slowing down fuel delivery where Sinopec's biggest refinery is located.

12-08-2021 15:09:33

INE crude extends losses on new lockdown measures

Guangzhou (JLC), August 20, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) continued to drop Friday, depressed by new or extended lockdowns amid outbreaks of the coronavirus and fears of a weaker-than-expected end to the summer driving season.

08-20-2021 19:20:06

INE crude slips amid building crude stocks, new wave of lockdowns

Guangzhou (JLC), March 24, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Wednesday, when the US crude stocks increased and a wave of new lockdowns in Europe weighed down on demand outlooks.

03-24-2021 19:05:07

INE crude plunges on new lockdowns and slower vaccinations

Guangzhou (JLC), March 19, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) plummeted on Friday, as demand concerns mounted with new lockdowns and delayed vaccinations in Europe.

03-19-2021 18:52:25

INE crude falls as Shijiazhuang lockdown fuels demand fears

The price of crude futures on the Shanghai International Energy Exchange (INE) retreated on Tuesday, as the lockdown in Hebei’ Shijiazhuang city prompted renewed concerns about oil demand.

01-12-2021 19:20:04

Lockdown in Shijiazhuang dampens local oil demand

Shijiazhuang city in north China's Hebei has attracted a lot of attention from the country this month, because of the biggest resurgence of the coronavirus in China since April 2020, and the lockdown has dampened local oil product demand.

01-11-2021 18:07:08

Hebei lockdown hits Shandong independents' product sales

Beijing (JLC), January 7, 2021--Shandong independent refiners' oil products prices fell in early month, as their oil products sales were affected on the increasing cases of COVID-19 in Hebei province.

01-07-2021 12:05:51

INE crude inches lower on new lockdowns in London

The price of crude futures on the Shanghai International Energy Exchange (INE) edged down on Monday, as the UK has introduced tough new restrictions in London while the US finally adopted an aid package.

12-21-2020 18:55:19

INE crude slips on toughening lockdowns

The price of crude futures on the Shanghai International Energy Exchange (INE) inched lower on Tuesday on stricter lockdown measures but the drop was limited as a series of countries approved vaccinations.

12-15-2020 18:26:35

INE crude falls on extended lockdowns in major economies

The price of crude futures on the Shanghai International Energy Exchange (INE) declined further on Wednesday, on the back of extended lockdowns in Europe and the US and a build in the crude and gasoline stocks.

12-09-2020 19:12:08

INE crude edges up on crude inventory draw, easing lockdown

The price of crude futures on the Shanghai International Energy Exchange (INE) continued to climb on Thursday, as the EIA reported a crude inventory draw and France is about to ease lockdown.

11-26-2020 20:03:49

INE crude loses steam on lockdown extension

The price of crude futures on the Shanghai International Energy Exchange (INE) was stuck on Friday, as demand falters on extending lockdowns and increasing restrictions when Libya’s oil production returns so fast.

11-20-2020 19:05:05

INE crude gains on weaker yuan when lockdowns drag down demand

The price of crude futures on the Shanghai International Energy Exchange (INE) edged up on Thursday due to a devaluation of Chinese currency, but a new wave of lockdowns capped its growth.

11-12-2020 19:19:37

INE crude weakens on stronger yuan, resumed lockdowns

The price of crude futures on the Shanghai International Energy Exchange (INE) dipped on Monday, as Chinese currency strengthened and lockdowns are resuming in Europe.

11-02-2020 18:54:23

INE crude extends slump as lockdowns return in Europe

The price of crude futures on the Shanghai International Energy Exchange (INE) slipped further on Friday, as major economies in Europe renewed lockdowns to fight the coronavirus.

10-30-2020 19:06:29

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