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China INE crude surges as hopes of Hormuz reopening dwindle

Guangzhou (JLC), August 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday amid diminishing prospects of a US-Iran deal to reopen th

08-11-2026 18:52:16

Yanchang Petroleum feeds oil into Yan’an crude oil tank farm

Guangzhou (JLC), August 11, 2026--Yanchang Petroleum transported the first batch of crude oil via a long-distance pipeline to the 150,000-cubic-metre No. 2 tank at the Yan’an crude oil tank farm on Au

08-11-2026 15:57:06

China INE crude price continues to rise

Guangzhou (JLC), August 10, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Monday amid uncertainty about the reopening of the Strait of Horm

08-10-2026 19:00:24

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

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

Crude stocks at Shandong ports surge due to capacity increase

Guangzhou (JLC), August 6, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose significantly in the week ending August 6 due to an increase in the total storage capacity and

08-06-2026 19:09:43

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

China INE crude price extends losses

Guangzhou (JLC), August 5, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday amid the prospect of a possible deal to reopen the Strait

08-05-2026 19:08:14

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 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

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 INE crude dips after Saudi Arabia’s naval coalition proposal

Guangzhou (JLC), July 31, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday following Saudi Arabia’s proposal to establish a multinational co

07-31-2026 19:01:58

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

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

China INE crude price falls further on stronger yuan

Guangzhou (JLC), July 29, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Wednesday after Chinese yuan strengthened.

07-29-2026 19:10:10

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

China INE crude price continues to slip

Guangzhou (JLC), July 28, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday amid hopes for a de-escalation in the Middle East conflict.

07-28-2026 18:43:40

Sinopec's crude runs drop 5.6% in H1 2026

Guangzhou (JLC), July 28, 2026--Sinopec refined 113.31 million mt of crude oil in the first half (H1) of 2026, a fall of 5.6% from H1 2025, according to Sinopec.

07-28-2026 18:04:12

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