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China's daily crude oil imports drop in March, but still high

Guangzhou (JLC), April 14, 2026--China's daily crude oil imports fell both month-on-month and year-on-year in March 2026, according to the latest data from the GACC.

04-14-2026 16:34:07

China’s PE prices advance following Middle East turmoil

Shandong (JLC), April 9, 2026--China’s propylene (PE) market broadly moved upward with heightened volatility from late February to early April, primarily taking a cue from the dramatic rise in crude o

04-09-2026 17:18:58

JLC wraps up 15th Singapore Oil Seminar

Guangzhou (JLC), April 2, 2026--JLC successfully concluded its 15th Oil Seminar in Singapore on March 26.

04-02-2026 11:55:43

PetroChina (Dalian) Fuel Oil obtains bonded bunkering license

Guangzhou (JLC), March 31, 2026--PetroChina (Dalian) Fuel Oil Co., Ltd. was licensed on March 26 to supply bonded bunker fuel in Dalian, which marked the first regional license in Northeast China, th

03-31-2026 17:43:57

Sinopec Shengli Oilfield CCUS project sequesters over 1.3 billion m3 of CO2

Guangzhou (JLC), March 30, 2026--The CCUS project operated by Sinopec Shengli Oilfield has sequestered more than 1.3 billion m3 of CO₂, signifying a substantial breakthrough in China's large-scale car

03-30-2026 19:15:49

China POM prices keep firm amid Middle East turmoil

Shandong (JLC), March 26, 2026—China POM market price kept firm after the outbreak of the Middle East turmoil, with rising methanol prices, steady supply and relatively fair rigid demand.

03-26-2026 14:19:57

Tarim Oilfield surpasses 500 bcm in cumulative gas output

Beijing (JLC), March 23, 2026—As of March 15, PetroChina Tarim Oilfield Company had produced a total of 501 billion cubic meters of natural gas, according to PetroChina.

03-23-2026 09:36:23

China INE crude slips as US considers releasing sanctioned Iranian oil

Guangzhou (JLC), March 20, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid the prospect that the United States may bring the sanctione

03-20-2026 19:02:48

China INE crude soars amid potential Iranian attacks on oil facilities

Guangzhou (JLC), March 19, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Thursday after Iran issued a warning of possible attacks on oil facilities

03-19-2026 19:14:53

China OX prices sharply fluctuate following changes in oil price

China OX (ortho-xylene) prices fluctuated sharply in early March, 2026. The significant rises were caused by both higher production cost and tighter supply, while the declines were triggered by news-s

03-19-2026 15:04:09

China's fuel oil exports drop in Jan-Feb, imports jump

Guangzhou (JLC), March 18, 2026--China cut its fuel oil exports while boosting the imports in January-February 2026, as domestic low-sulfur fuel oil (LSFO) output plunged.

03-18-2026 18:29:21

China INE crude retreats amid potential for further oil reserve release

Guangzhou (JLC), March 17, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the prospect of a further release of oil reserves by the I

03-17-2026 18:44:09

Middle East turmoil pushes PP prices up, with coal-based PP gaining edge

Shandong (JLC), March 17, 2026--Geopolitical tensions are reshaping China’s PP market, favoring coal-based producers and elevating industry risks.

03-17-2026 17:40:57

China PVC prices surge on oil spike, policy support and improving fundamentals

Shandong (JLC), March 12, 2026—China’s PVC prices have surged recently as rising feedstock costs, supportive domestic policies and improvements in supply-demand fundamentals bolstered market sentiment

03-12-2026 17:49:47

China INE crude slumps amid potential IEA oil reserve release

Guangzhou (JLC), March 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Wednesday amid the possibility that the International Energy Agency (IE

03-11-2026 19:02:53

PSF sees strong short-term momentum on Middle East turmoil

Shandong (JLC), March 6, 2026--Rising feedstock costs driven by geopolitical tensions, combined with recovering seasonal demand, supported strong short-term momentum in polyester staple fiber (PSF).

03-06-2026 16:19:54

PetroChina Urumqi exports refined oil to Kyrgyzstan for first time

Guangzhou (JLC), March 2, 2026--PetroChina Urumqi Petrochemical in Xinjiang had a batch of -35-pour-point diesel pass through Xinjiang Irkeshtam Port on February 25, 2026, for export to Kyrgyzstan, th

03-02-2026 17:25:20

Huabei Oilfield UGS cluster supplies over 2 bcm of gas in heating season

Shandong (JLC), February 14, 2026—As of February 12, PetroChina withdrew more than 2 billion cubic meters (bcm) of natural gas from its Huabei Oilfield underground gas storage (UGS) cluster.

02-14-2026 18:05:00

Zhoushan to launch blending of bio bunker fuel oil and export

Guangzhou (JLC), February 10, 2026--Zhoushan in east China has lately obtained the permission to carry out the pilot blending and export of bio bunker fuel oil, according to an announcement.

02-10-2026 17:32:10

State-owned refiners to boost clean oil product output in February

Guangzhou (JLC), February 2, 2026--Stated-owned refiners will raise their production of clean oil products (gasoline, diesel and jet fuel) in February, according to industry sources.

02-02-2026 18:58:43

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