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China INE crude price rises further on weaker yuan

Guangzhou (JLC), March 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Tuesday after Chinese yuan weakened.

03-18-2025 18:59:34

China's naphtha imports grow 3.9% in first two months

Guangzhou (JLC), March 18, 2025--China's naphtha imports grew 3.9% year on year in the first two months of 2025, which could be ascribed to growing demand after more steam crackers came online.

03-18-2025 18:39:08

China INE crude price rallies on rising tensions

Guangzhou (JLC), March 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday due to escalating geopolitical tensions in the Red Sea.

03-17-2025 19:16:29

Sinopec records China’s largest single-batch bonded bunker sales

Guangzhou (JLC), March 17, 2025--Sinopec successfully refueled vessel “AGOGO FPSO” with 8,549 mt of bonded bunker fuel at the Luhuashan anchorage in Shanghai on March 12, marking the largest single-b

03-17-2025 18:51:53

Ningbo-Zhoushan Port completes first HS biofuel bunkering in East China

Guangzhou (JLC), March 17, 2025--Bunkering vessel “SI JIE 21” successfully pumped 1,600 mt of bonded high-sulfur B24 biofuel into container ship “COSCO ITALY” in the Ningbo-Zhoushan Port on March 15,

03-17-2025 18:02:43

China’s crude runs up 2.1% in Jan-Feb 2025

Guangzhou (JLC), March 17, 2025--China’s crude oil throughput rose by 2.1% year on year in January-February 2025, because of quite strong gasoline consumption.

03-17-2025 15:00:49

China INE crude price retreats on IEA forecast of oil glut

Guangzhou (JLC), March 14, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after the International Energy Agency (IEA) forecast a supply su

03-14-2025 18:45:28

Shandong Dongming to build refining-chemical project

Guangzhou (JLC), March 14, 2025--Dongming Petrochemical Group plans to build a 15.0 million mt/yr refining-chemical integration project in Shandong province.

03-14-2025 16:41:49

China’s fuel prices fall in mid-March, sixth week in a row

Guangzhou (JLC), March 14, 2025--China’s wholesale gasoline and diesel prices continued to fall in the middle of March, the sixth week in a row, depressed by drops in international crude prices and w

03-14-2025 16:28:28

State-owned refinery run rates stable on week

Beijing (JLC), March 14, 2025--Chinese state-owned oil refineries' run rates stabilized in the week to March 12 (Wednesday), JLC’s data shows.

03-14-2025 11:45:12

China INE crude price rises on large US gasoline stock draw

Guangzhou (JLC), March 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Thursday after data showed a larger-than-expected US gasoline stockpile

03-13-2025 18:31:24

Crude stocks at Shandong ports up as cargo arrivals return to normal

Guangzhou (JLC), March 13, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in the week ending March 13 as cargo arrivals were gradually returning to normal.

03-13-2025 18:31:06

China’s LSFO output drops in February

Guangzhou (JLC), March 13, 2025--China’s low-sulfur fuel oil (LSFO) output dropped in February, because of poor production margins and PetroChina’s adjustments in its yields.

03-13-2025 15:06:37

Independents’ refining margins for imported crude continue to grow

Guangzhou (JLC), March 13, 2025--Shandong-based independents’ refining margins for imported crude continued to grow in mid-March, buoyed by dropping crude costs, despite lower sales revenue.

03-13-2025 14:39:21

China INE crude price inches higher

Guangzhou (JLC), March 12, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rebound on Wednesday after falling to a relatively low level.

03-12-2025 19:18:27

Shandong independents’ run rates extend rises as margins improve

Guangzhou (JLC), March 12, 2025--Shandong independent refiners’ operating rates extended rises in the week ending March 12, as their refining margins improved.

03-12-2025 18:53:45

Sinopec Beihai to trial 50,000-dwt terminal in September

Guangzhou (JLC), March 12, 2025--Sinopec Beihai Refining & Chemical plans to put its 50,000-dwt petrochemical terminal project into trial operation in September 2025, Guangxi Daily reported.

03-12-2025 18:43:12

China's daily fuel consumption rises in February

Guangzhou (JLC), March 11, 2025--China's daily consumption of gasoline increased in February amid the Spring Festival travel rush, while that of diesel grew after some end-users returned to work.

03-11-2025 18:51:19

Sinopec Maoming begins building more units for upgrade project

Guangzhou (JLC), March 11, 2025--Sinopec Maoming Petrochemical recently started the construction of four more units as part of its refinery upgrade project, Sinopec reported.

03-11-2025 18:42:40

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

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