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China INE crude price down on US crude stock builds

Guangzhou (JLC), February 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Thursday as the US crude oil inventories continued to grow amid peaking re

02-06-2025 19:11:36

Shandong independents' run rates drop modestly around Chinese New Year

Guangzhou (JLC), February 6, 2025--Shandong independent refiners' operating rates dropped modestly around the Chinese New Year between late January and early February 2025, JLC's data shows.

02-06-2025 18:50:03

Independents’ refining margins for imported crude rebound

Guangzhou (JLC), February 6, 2025--Shandong-based independents’ refining margins for imported crude rebounded in early February, due to a decline in crude costs.

02-06-2025 16:27:13

State-run refineries keep stable production during Spring Festival holiday

Guangzhou (JLC), February 6, 2025--Chinese state-owned refineries maintained stable production during the public holiday for the Spring Festival (January 28-February 4), according to their official We

02-06-2025 16:01:46

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

China INE crude slips after Trump pressures OPEC to cut prices

Guangzhou (JLC), January 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Friday, a day after Trump pressured OPEC to lower prices.

01-24-2025 18:31:35

Crude stocks at Shandong ports fall for third straight week

Guangzhou (JLC), January 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped further in the week to January 23, the third time in a row, as cargo unloading remained r

01-24-2025 18:26:19

State-owned refinery run rates increase, seventh week in a row

Beijing (JLC), January 24, 2025--Chinese state-owned oil refineries' run rates went up further in the week to January 22 (Wednesday), the seventh week in a row, JLC’s data shows.

01-24-2025 10:38:28

China INE crude price steady on mixed factors

Guangzhou (JLC), January 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely stable on Thursday due to mixed factors.

01-23-2025 18:55:49

Independents’ crude refining margins turn negative again

Guangzhou (JLC), January 23, 2025--Shandong-based independents’ crude refining margins turned negative again in the week to January 22, as crude costs extended rises and sales revenue decreased.

01-23-2025 11:31:53

China INE crude price extends losses

Guangzhou (JLC), January 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to drop on Wednesday on the prospect of rising energy production from th

01-22-2025 19:07:48

Shandong independents' run rates hit five-month low

Guangzhou (JLC), January 22, 2025--Shandong independent refiners' operating rates declined again and hit a five-month low in the week ending January 22, 2025, as refining margins worsened.

01-22-2025 17:54:32

Guangdong records rise of 7.09% in its crude runs in 2024

Guangzhou (JLC), January 22, 2025--Guangdong province recorded a rise of 7.09% in its daily crude runs in 2024, in contrast to drops in most regions, according to data from the NBS.

01-22-2025 16:21:15

China INE crude price falls after US declares national energy emergency

Guangzhou (JLC), January 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday after US President Donald Trump declared a national energy

01-21-2025 19:04:03

China INE crude price continues to drop

Guangzhou (JLC), January 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday as geopolitical risks eased.

01-20-2025 19:40:26

China's crude imports from Malaysia surge 28.4% in 2024

Guangzhou (JLC), January 20, 2025--China’s crude imports from Malaysia surged by 28.4% in 2024, in stark contrast to a decline of 1.87% in the former’s total crude imports in the year.

01-20-2025 17:26:31

China INE crude price retreats after Israel, Hamas agree to ceasefire

Guangzhou (JLC), January 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after Israel and Hamas agreed to a ceasefire.

01-17-2025 18:56:55

State-owned refinery run rates up on unit restart

Beijing (JLC), January 17, 2025--Chinese state-owned oil refineries' run rates continued to increase in the week to January 15 (Wednesday) as a few refineries drove up their runs after unit restarts,

01-17-2025 16:28:23

Crude stocks at Shandong ports extend drops in mid-January

Guangzhou (JLC), January 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined modestly in the week to January 16, 2025, when unloading was still relatively low.

01-17-2025 14:51:20

China's crude runs drop 1.6% in 2024

Guangzhou (JLC), January 17, 2025--Chinese oil refiners’ crude runs fell by 1.6% to 708.43 million mt in 2024, after surging to a new high in 2023, according to data from the NBS.

01-17-2025 12:42:20

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