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US Administration imposes sanctions on Luqing Petrochemical

03-26-2025 17:56:03

China INE crude price edges up after US tightens sanctions on Iran

Guangzhou (JLC), March 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Monday on the back of tightening US sanctions against Iran and a sl

03-24-2025 19:12:21

China INE crude price surges on new US sanctions against Russia

Guangzhou (JLC), January 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Monday, mainly supported by new US sanctions against Russia.

01-13-2025 19:14:03

U.S. to reimpose sanctions on Venezuelan oil

Guangzhou (JLC), January 31, 2024 – The United States will not renew the General License 44 – which temporarily allowed trading of Venezuelan oil and gas – when it expires on April 18, 2024.

01-31-2024 16:48:35

China INE crude price stable despite easing sanctions on Russian oil

Guangzhou (JLC), July 25, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) was largely stable on Monday, despite European Union’s decision to ease sanctions on

07-25-2022 19:16:21

China INE crude price surges on fears of EU sanction on Russian oil

Guangzhou (JLC), March 22, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) surged on Tuesday, after news that several European Union countries are considering

03-22-2022 19:05:25

Sanctions on Russia likely to hit Shandong independents’ margins

Guangzhou (JLC), March 3, 2022--Chinese independent refiners are facing new uncertainty regarding their feedstock purchase because of the sanctions on Russia, which may hit their operation.

03-03-2022 17:13:50

China INE crude price slips as Russia’ energy industry likely to avoid sanctions

Guangzhou (JLC), February 28, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) retreated Monday, as Russia’s energy industry is unlikely to be sanctioned.

02-28-2022 19:46:32

US sanctions on Iran to put little impact on China’s PP market

The US sanctions on Iran Shipping Lines (IRISL) and its Shanghai-based subsidiary E-Sail Shipping at end-June have caused the delay of Iran-origin cargoes, but this is expected to have little impact on China’s PP market.

07-16-2020 17:22:36

Iria-origin PE cargoes delayed on sanction reason

JLC thought the real reason was the political factor. The shipping companies got no financial support and failed to pay for the ports, and then their ships were refused from pulling off.

06-23-2020 17:35:59

INE crude rises on US sanctions on Rosneft

The price of crude futures on the Shanghai International Energy Exchange (INE) extended gains on Thursday, because of US sanctions on Rosneft Trading that could hurt supply.

02-20-2020 18:47:36

U.S. sanctions could buoy Chinese LPG market

Beijing (JLC), February 12, 2020--The domestic LPG market could be bolstered after the U.S. imposed sanctions on two Chinese companies and other four companies and persons for maintaining petroleum and chemical business ties with Iran

02-12-2020 19:47:05

INE crude rises on possible trade talks, US sanction on Iran

Guangzhou (JLC), September 5, 2019--Crude futures prices on the Shanghai International Energy Exchange (INE) platform climbed on Thursday, after the US confirmed that trade talks with China will be held in the coming weeks and the US announced sanctions again on Iran.

09-05-2019 19:49:42

US to lift sanctions waivers to Iran’s crude importers

Beijing (JLC), April 25, 2019--The US Secretary announced on April 22, 2019 the country would stop issuing sanctions waivers to Iran’s crude importers.

04-25-2019 17:46:44

Western oil giants to benefit from Russian energy sanction lifts

According to Russia media on March 10th in Huston, Richard Matzke, the Lukoil and PetroChina executive, cited in Sputnik’s interview that western oil giants gained most benefits from lifting Russian energy sanctions.

03-15-2017 16:53:33

Iran regained 80% of market share after sanction

According to data released by Platts, in June Iran crude oil production hit a 5 year high to 3.63million bbl/day since 2011. In addition according to Reuters, Iran exported crude oil in 2.3million bbl/day in April and 2.1million bbl/day in May, up by 60% YoY.

07-21-2016 16:11:59

Iran’s oil output has reached the level before sanction

According to International Energy Agency (IEA), Iran’s oil production has reached the level before the sanctions, which pushed the OPEC oil production to reach a high level in the previous 8 years.

05-23-2016 16:13:39

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