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China INE crude price slips on hopes of US-Iran nuclear deal

Guangzhou (JLC), May 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Friday amid expectations that the United States and Iran may soon reac

05-16-2025 19:04:39

Huajin Aramco to complete petrochemical project by end of Sept 2025

Guangzhou (JLC), May 16, 2025--Huajin Aramco Petrochemical Company is striving to complete the construction of its fine chemicals and raw material project by the end of September 2025.

05-16-2025 16:57:14

China’s gasoline prices inch lower, diesel prices rebound

Guangzhou (JLC), May 16, 2025--China’s wholesale gasoline prices inched lower in mid-May, due to weakening demand, while diesel prices rebounded modestly, bolstered by stronger crude prices.

05-16-2025 16:14:58

State-owned refinery run rates edge up on restart

Guangzhou (JLC), May 16, 2025--Chinese state-owned oil refineries' run rates went up slightly in the week ending May 14, because of unit restart after maintenance.

05-16-2025 14:52:59

Crude stocks at Shandong ports retreat from five-week high

Guangzhou (JLC), May 15, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell in the middle of May, as cargo unloading slowed down.

05-15-2025 19:07:52

China INE crude price retreats after continued rises

Guangzhou (JLC), May 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical decline on Thursday after five consecutive gains.

05-15-2025 18:27:46

PetroChina Lanzhou's jet fuel output hits new high in Jan-Apr

Guangzhou (JLC), May 15, 2025--PetroChian Lanzhou Petrochemical's jet fuel production in the first four months of 2025 reached an all-time high, China Gansu News reported on May 15.

05-15-2025 18:18:50

Yanchang to complete construction of new crude oil tanks by Sept 2025

Guangzhou (JLC), May 15, 2025--Shaanxi Yanchang Petroleum plans to have the construction of its 1.0-million-cubic-meter (cbm) crude oil tank farm completed by September 2025.

05-15-2025 18:03:32

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

Iso-butane prices slip in early May

Beijing (JLC), May 14, 2025--Iso-butane prices stumbled in early May amid shrinking demand.

05-15-2025 09:17:42

China INE crude price extends gains on cooling US inflation

Guangzhou (JLC), May 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Wednesday after data showed slowing inflation in the United State

05-14-2025 19:02:04

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

Guangzhou (JLC), May 14, 2025--Shandong independent refiners' operating rates extended drops in the middle of May, the seventh week in a row, due to more unit maintenance.

05-14-2025 18:27:33

State-owned refiners to see less maintenance in June

Guangzhou (JLC), May 14, 2025--Chinese state-owned refiners are expected to see less refinery maintenance in June, according to their plans.

05-14-2025 17:39:11

China’s LSFO output declines further in April

Guangzhou (JLC), May 14, 2025--China’s LSFO output declined further in April, as more refineries launched maintenance, also because of still bad production margins.

05-14-2025 17:37:14

INE crude price rises further on China-US trade deal

Guangzhou (JLC), May 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday after China and the United States announced a joint state

05-13-2025 18:51:54

Sinopec SK (Wuhan) to upgrade jet fuel hydrogenation units

Guangzhou (JLC), May 13, 2025--Sinopec SK (Wuhan) Petrochemical plans to conduct a safety upgrade to its jet fuel hydrogenation units in Qingshan District, Wuhan City.

05-13-2025 18:37:29

Chimbusco launches bonded bunker blending in NE China

Guangzhou (JLC), May 13, 2025--Northeast China has lately seen the launch of bonded bunker fuel oil blending, which was successful practice of China’s upgrade strategy for Pilot Free Trade Zones (FTZ

05-13-2025 18:14:44

China petroleum asphalt output up in April

Beijing (JLC), May 13, 2025--China’s petroleum asphalt output totaled 2.31 million mt in April, expanding by 80,000 mt compared with March and 110,000 mt compared with April 2024.

05-13-2025 17:28:30

China's oil product exports rebound on year in April

Guangzhou (JLC), May 13, 2025--Chinese oil companies' oil product exports rebounded year on year in April 2025, according to the preliminary data released by the GACC.

05-13-2025 15:25:17

China INE crude price extends gains

Guangzhou (JLC), May 12, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday as China-US trade talks sparked optimism.

05-12-2025 18:57:42

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