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China INE crude price retreats on concerns over US tariff impact

Guangzhou (JLC), March 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid growing worries about the impact of new US tariffs.

03-11-2025 18:36:32

Daxie Petrochemical to commission expansion project by year-end

Guangzhou (JLC), December 13, 2024--CNOOC Ningbo Daxie Petrochemical is preparing to commission its upgrading and expansion project by the end of this year, following the completion and handover of a

12-13-2024 18:41:45

Crude stocks at Shandong ports extend rises over past week

Guangzhou (JLC), December 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended rises in the week to December 12, as unloading outpaced outbound delivery.

12-12-2024 17:08:53

Shandong independents' run rates largely stable over past week

Guangzhou (JLC), November 20, 2024--Shandong independent refiners' operating rates became largely steady in the week to November 20, JLC's data shows.

11-20-2024 18:14:52

Crude stocks at Shandong ports rebound as unloading outpaces delivery

Guangzhou (JLC), November 7, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in the week to November 7 as cargo unloading outpaced delivery.

11-07-2024 20:03:18

INE crude price rises after China announces stimulus package

Guangzhou (JLC), September 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday after China announced a package of stimulus measures.

09-25-2024 17:14:11

Chinese oil companies to cut LSFO output amid short quotas in Q4

Guangzhou (JLC), September 24, 2024--Chinese oil companies, mainly state-owned enterprises, will cut their production of low-sulfur fuel oil in the last quarter (Q4) of 2024 because of short quotas.

09-24-2024 18:10:11

Sinopec Hainan Refining & Chemical runs at full capacity in 2023

Guangzhou (JLC), January 10, 2024--Sinopec Hainan Refining and Chemical ran its refinery at full capacity in 2023 and was shifting more focus on chemical production for better profit margins.

01-10-2024 18:43:30

Shandong independents run at 61.7% of capacity at beginning of January

Guangzhou (JLC), January 4, 2024--Shandong independent refiners ran at 61.7% of their crude distillation unit (CDU) capacity in the week ending January 3, 2024 (Wednesday), JLC’s data shows.

01-04-2024 16:58:37

Independents’ feedstock imports increase over past weeks

Guan?gzhou (JLC), December 22, 2023--Shandong-based independent refiners and traders have seen more feedstock arrivals over the past few weeks, due to a relatively low base a month earlier, but the im

12-22-2023 14:03:20

China INE crude price rise slows on limited impact of Red Sea tensions

Guangzhou (JLC), December 20, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday amid geopolitical tensions near the Red Sea, but t

12-20-2023 17:55:30

Shandong independents’ run rates largely stable over past week

Guangzhou (JLC), October 11, 2023--Shandong independent refiners kept their operating rates largely stable in the week to October 11 (Wednesday), JLC’s data shows.

10-11-2023 19:02:15

Crude stocks at Shandong ports rise on more capacity

Guangzhou (JLC), September 28, 2023--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week to September 28, as some new tanks have been involved in JLC’s research.

09-28-2023 16:23:21

State-owned oil companies to raise crude runs in August

Guangzhou (JLC), August 14, 2023--Chinese state-owned oil companies are projected to boost their crude throughput in August, due to less impact from maintenance.

08-14-2023 17:13:15

Crude stocks at Shandong ports grow on more storage capacity

Guangzhou (JLC), June 1, 2023--The crude stocks at Shandong ports grew in the week to June 1, due to the coverage of more tanks involved in JLC research.

06-01-2023 18:13:14

China’s apparent gasoline consumption surges 22.4% in April

Guangzhou (JLC), May 30, 2023--China’s apparent consumption of gasoline soared by 22.4% year on year in April, because of a relatively low base a year before when gasoline consumption was dampened by

05-30-2023 15:07:43

State-owned oil companies keep refinery run rates stable

Guangzhou (JLC), February 16, 2023--State-owned oil companies kept their refinery run rates stable in the middle of February when market fundamentals didn’t change much.

02-16-2023 18:42:07

State-owned oil companies hike refinery run rates on recovering demand

Guangzhou (JLC), February 9, 2023--State-owned oil companies hiked their refinery run rates in early February, because of recovering fuel demand.

02-09-2023 21:28:43

State-owned oil companies’ refinery run rates remain stable after holiday

Guangzhou (JLC), February 2, 2023--State-owned oil companies kept their refinery run rates stable after the public holiday in late January, when no refineries came back online or offline.

02-02-2023 23:40:16

State-owned oil companies lower January refinery run rates modestly

Guangzhou (JLC), February 2, 2023--Chinese state-owned oil companies lowered their refinery operating rates in January 2022 when domestic diesel demand was seasonally weak around the Chinese New Year.

02-02-2023 18:41:54

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