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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

Chinese SOEs to cut March crude runs on refinery maintenance

Guangzhou (JLC), March 4, 2025--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in March 2025, when several Sinopec refineries come under maintenance.

03-04-2025 16:39:02

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

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), February 26, 2025--Shandong independent refiners' operating rates declined again in the week ending February 26, the 11th week in a row, after another refiner began maintenance.

02-26-2025 18:18:48

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

Shandong independents' run rates drop further in mid-February

Guangzhou (JLC), February 19, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 19, as another refiner shut one of its CDUs for maintenance.

02-19-2025 18:45:54

Shandong independents' run rates extend drops on maintenance

Guangzhou (JLC), February 12, 2025--Shandong independent refiners' operating rates extended drops in the week ending February 12, due to more refinery maintenance and tightening feedstock supply.

02-12-2025 18:32:38

Sinopec cuts its refinery crude runs in 2024

?Guangzhou (JLC), February 11, 2025--Sinopec processed 252.30 million mt of crude oil in 2024, down 2.03% from 2023, according to the company’s unaudited operational statistics for 2024.

02-11-2025 18:25:34

Chinese SOEs to hike February crude runs to meet demand

Guangzhou (JLC), February 8, 2025--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in February 2025, when demand for gasoline and jet fuel stays strong.

02-08-2025 15:51:02

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

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

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

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 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

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

Shandong independents' run rates drop to over-two-month low

Guangzhou (JLC), January 15, 2025--Shandong independent refiners' operating rates declined to a new low in over two months in the week to January 15, 2025.

01-15-2025 18:47:21

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

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