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China INE crude price keeps rising on tighter OPEC supply

Guangzhou (JLC), January 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday following reports of lower production from OPEC and

01-08-2025 19:09:19

China keeps 1st-batch 2024 quotas on oil product exports largely stable

Guangzhou (JLC), December 29, 2023--China has released the first batch of 2024 quotas on the exports of oil products (gasoline, diesel and jet fuel), setting the quotas at 19.0 million mt.

12-29-2023 16:15:43

China INE crude price keeps rising on weaker yuan

Guangzhou (JLC), December 21, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed further on Thursday due to weaker Chinese yuan and lingering supply conce

12-21-2023 18:16:46

China INE crude price keeps rising after US inflation cools down

Guangzhou (JLC), July 13, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed again on Thursday, the fourth gains in a row, as cooling US inflation diminis

07-13-2023 18:06:30

China INE crude price keeps rising on surprise crude inventory draw

Guangzhou (JLC), August 18, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) climbed further on Thursday, because of a large-than-expected crude inventory draw

08-18-2022 18:06:10

China INE crude price keeps rising ahead of OPEC+ meeting

Guangzhou (JLC), August 1, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) went higher on Monday, as investors focused on the OPEC+ meeting and expected that t

08-01-2022 19:06:00

China's apparent diesel consumption keeps rising in May

Guangzhou (JLC), June 28, 2022--China’s apparent diesel consumption continued to surge year on year in May, mainly because of a relatively low base a year before and better market fundamentals.

06-28-2022 16:47:48

China INE crude price keeps rising on stronger US gasoline demand

Guangzhou (JLC), Jun 9, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) continued to climb on Thursday because of growing gasoline demand in the US and concern

06-09-2022 18:44:11

China’s energy output keeps growing in Q1 2022

China's energy output keeps growing in the first quarter (Q1) of 2022, despite the pressure of energy supply caused by the resurgence of the COVID-19 and the Russia-Ukraine tension.

04-27-2022 17:41:44

China INE crude price keeps falling on easing supply worries

Guangzhou (JLC), April 8, 2022--The price of crude futures on China’s Shanghai International Energy Exchange (INE) plunged further Friday, as supply concerns eased following announcement of a further

04-08-2022 18:59:34

Sinopec Maoming steps up diesel supply during harvest season

Beijing (JLC), November 16, 2021--China’s oil giant Sinopec says Tuesday its Maoming Petrochemical in southern Guangdong province has stepped up diesel supply since mid-October, as the demand has increased dramatically in South China and East China during harvest season.

11-16-2021 17:45:31

INE crude keeps falling on latest economic data

Guangzhou (JLC), August 17, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) continued to drop on Tuesday, as a slowdown in China’s industrial output growth raised concerns that the country’s economic recovery is losing momentum.

08-17-2021 19:09:11

China oil products retail-wholesale spread keeps widening in Aug

Beijing (JLC), August 17, 2021--China’s retail-wholesale price spread of oil products continued to widen in August and that of diesel even hit recent years’ high due to the sluggish wholesale market.

08-17-2021 11:28:14

INE crude keeps falling on virus-related restrictions

Guangzhou (JLC), August 10, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) still dropped on Tuesday, as travel restrictions triggered by the coronavirus outbreak have dimmed the demand outlook.

08-10-2021 18:27:13

INE crude rallies as China’s economy keeps rising, US fuel curbs linger

Guangzhou (JLC), May 17, 2021--The price of crude futures on the Shanghai International Energy Exchange (INE) rebounded on Monday, in light of continued growth of China’s economy and lingering fuel outage in some US states.

05-17-2021 19:12:36

INE crude slides as yuan keeps appreciating

The price of crude futures on the Shanghai International Energy Exchange (INE) fell further on Thursday, depressed by stronger yuan and a dramatic crude inventory build.

03-11-2021 19:29:50

China slows kerosene output cut as demand keeps recovering

China continued to narrow the cut in its kerosene production in November 2020, as domestic jet fuel demand kept recovering when the coronavirus was well under control in China and the country's economic recovery picked up steam.

12-21-2020 14:35:59

China's fuel oil production keeps surging on strong demand

China's fuel oil production continued to surge in November 2020 because of relatively strong demand and better margins amid China's tax rebate.

12-21-2020 13:58:41

China's refined oil keeps sluggish despite peak season

Beijing (JLC), September 16, 2020--China’s refined oil prices continue dropping in September, though it is in the traditional peak season.

09-16-2020 18:36:28

Sinopec Shanghai steps up LS bunker production

Beijing (JLC), October 12, 2019--China state-owned Sinopec Shanghai Petrochemical produced second batch of low-sulfur (LS) heavy bunker fuel in late September, a source from the refinery told JLC.

10-16-2019 14:52:25

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