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China’s crude imports drop 3.43% in first two months

Guangzhou (JLC), March 7, 2025--China imported a total of about 83.85 million mt of crude oil in the first two months of 2025, down 4.45 million mt from the corresponding months in 2024.

03-07-2025 12:39:22

Crude stocks at Shandong ports rise on growing cargo arrivals

Guangzhou (JLC), March 6, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports increased moderately in the week ending March 6 as cargo arrivals outpaced feedstock consumption.

03-06-2025 17:55:10

China INE crude price dips on concerns over Trump’s tariff policy

Guangzhou (JLC), March 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday amid concerns over US President Donald Trump’s proposed tariffs.

03-03-2025 18:46:41

Crude stocks at Shandong ports rise amid slow consumption

Guangzhou (JLC), February 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose again in the week ending February 27, as local independent refiners’ consumption was slow.

02-27-2025 18:21:46

Crude stocks at Shandong ports rebound from over-two-year low

Guangzhou (JLC), February 20, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 20, after hitting an over-two-year low.

02-20-2025 18:25:07

Crude imports at Quanzhou Port up 31.5% in first 50 days of 2025

Guangzhou (JLC), February 20, 2025--Quanzhou Port in Fujian Province received a total of around 3.33 million mt of crude oil in the first 50 days of 2025, an upsurge of 31.5% from the same period of t

02-20-2025 15:29:32

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), February 20, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to February 19, due to a decrease in their sales revenue, despite a modest de

02-20-2025 14:02:34

Crude stocks at Shandong ports fall to over two-year low

Guangzhou (JLC), February 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending February 13, as cargo unloading remained relatively low.

02-13-2025 18:49:39

Shandong independents unload less imported crude in January

G?uangzhou (JLC), February 13, 2025--Shandong-based independent refiners unloaded less imported crude oil in January, in part because of the Chinese New Year holiday that began late in the month.

02-13-2025 18:45:46

Crude stocks at Shandong ports still close to over two-year low

Guangzhou (JLC), February 7, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded modestly in early February 2025, but were still close to an over-two-year low.

02-07-2025 17:19:38

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

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

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

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

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 oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

China's 2024 crude imports retreat from record high

Guangzhou (JLC), January 13, 2025--China's crude oil imports retreated in 2024, after setting a record high in 2023, according to the latest data released by the GACC on Monday.

01-13-2025 16:05:33

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

Crude stocks at Shandong ports drop on low unloading

Guangzhou (JLC), January 9, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined significantly in the week to January 9, 2025, as outbound delivery outpaced unloading.

01-09-2025 18:31:11

Independents’ refining margins for imported crude turn negative

Guangz?hou (JLC), January 9, 2025--Shandong-based independents’ refining margins for imported crude turned negative in the week to January 8, dampened by rising crude costs.

01-09-2025 14:27:43

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