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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

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

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

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'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

China INE crude price remains elevated

Guangzhou (JLC), January 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, still supported by the latest round of US sanctions

01-14-2025 18:50:01

China INE crude rallies on prospect of rising fuel demand for heating

Guangzhou (JLC), January 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged up on Friday as freezing conditions in parts of the US and Europe are expect

01-10-2025 18:51:45

Chinese SOEs to boost January crude runs as demand grows

?Guangzhou (JLC), January 7, 2024--Chinese state-owned enterprises (SOEs) plan to boost their crude throughput in January 2025, as demand for gasoline and jet fuel will become seasonally strong.

01-07-2025 15:37:23

Independents’ refining margins for imported crude plunge

Guang?zhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

Sinopec to have more refinery maintenance in 2025

Guangzhou (JLC), December 16, 2024--Sinopec has scheduled more refinery turnarounds for 2025, while PetroChina will have less maintenance, according to their preliminary plans.

12-16-2024 18:16:12

Shandong independents' run rates up on better margins

Guangzhou (JLC),?December?11, 2024--Shandong independent refiners' operating rates?rose slightly?in the week to?December?11 as refining margins improved further.

12-11-2024 18:49:12

China INE crude price rallies on signs of growing Chinese demand

Guangzhou (JLC), December 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday after data pointed to rising oil demand from China.

12-10-2024 19:02:28

Shandong independents' run rates up on improving margins

Guangzhou (JLC), December 4, 2024--Shandong independent refiners' operating rates rose modestly in the week to December 4 as refining margins improved further amid strengthening product prices.

12-04-2024 17:57:46

Chinese SOEs to lower December crude runs as demand weakens

Guangzhou (JLC), December 3, 2024--Chinese state-owned enterprises plan to cut their crude throughput in December, as fuel demand becomes seasonally weak and their exports drop amid short quotas.

12-03-2024 18:32:28

China INE crude price up on geopolitical tensions, growing Indian demand

Guangzhou (JLC), November 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, supported by ongoing tensions between Russia and Ukr

11-25-2024 19:03:06

Malaysia becomes second biggest crude supplier to China in October

Guangzhou (JLC), November 20, 2024--Malaysia surpassed Saudi Arabia and became the second biggest crude supplier to China in October 2024, according to data from the GACC.

11-20-2024 17:12:20

Independents’ crude refining margins recoup some losses

Guangzh?ou (JLC), November 20, 2024--Shandong-based independents’ crude refining margins recouped some losses in mid-to-late November, on the back of sliding crude costs and rising sales revenue.

11-20-2024 16:43:57

China INE crude price retreats on Chinese demand concerns

Guangzhou (JLC), November 18, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday as weak data raised concerns over China’s oil demand.

11-18-2024 18:27:09

Independents’ crude refining margins continue to drop

Guangzhou (JLC), November 13, 2024--Shandong-based independents’ crude refining margins continued to drop in mid-November, dampened by rising costs and decreasing sales revenue.

11-13-2024 18:37:00

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