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Three reactors delivered to PetroChina Yumen Refining & Chemical

Guangzhou (JLC), May 14, 2026--On May 10, Lanzhou LS Heavy Equipment finished delivering three reactors to the General Refining and Chemical Plant of PetroChina Yumen Oil Field Branch (Yumen Refining

05-14-2026 19:31:17

China INE crude price slips after OPEC cuts demand forecast

Guangzhou (JLC), May 14, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC revised down its demand growth forecast.

05-14-2026 19:19:09

Crude stocks at Shandong ports rally as consumption slows

Guangzhou (JLC), May 14, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending May 14 amid lower consumption.

05-14-2026 19:18:24

Shandong independents' run rates fall further

Guangzhou (JLC), May 13, 2026--Shandong independent refiners' operating rates extended losses in the week ending May 13, JLC’s data shows.

05-14-2026 16:38:15

Independents' crude refining margins recoup some losses

Guangzhou (JLC), May 14, 2026--Shandong-based independent refiners' crude refining margins recouped some losses in mid-May, thanks to a decline in crude costs.

05-14-2026 11:54:35

Sinopec Beihai's 50,000-dwt terminal passes completion acceptance

Guangzhou (JLC), May 13, 2026--The 50,000-dwt petrochemical terminal project, owned by Sinopec Beihai Refining & Chemical Company, passed the completion acceptance inspection recently, marking that th

05-13-2026 18:43:54

China INE crude price extends gains

Guangzhou (JLC), May 12, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday amid diminishing hopes for a US-Iran peace deal.

05-12-2026 19:01:58

PetroChina Guangdong unloads first shipment of high-pour-point crude

Guangzhou (JLC), May 12, 2026--PetroChina Guangdong Petrochemical completed the unloading of 143,900 mt of high-pour-point crude oil at 10:00 am on May 7, marking the first time the company had unload

05-12-2026 15:01:43

China INE crude price rallies amid faltering US-Iran peace talks

Guangzhou (JLC), May 11, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday, after Iran and the United States rejected each other’s ceasefire

05-11-2026 19:02:29

China's oil product exports slump in April

Guangzhou (JLC), May 9, 2026--China's oil product exports plummeted both month on month and year on year in April 2026, according to the preliminary data released by the General Administration of Cust

05-09-2026 18:14:25

Sinopec sells asphalt to Taiwan market for first time

Guangzhou (JLC), May 9, 2026--Sinopec shipped out a batch of asphalt to Taiwan, China for the first time on April 17, Sinopec Refinery Product Sales Company said on its WeChat platform on May 8.

05-09-2026 18:07:14

China's daily crude oil imports hit 45-month low

Guangzhou (JLC), May 9, 2026--China's daily crude oil imports plunged to a 45-month low in April 2026, according to the latest data from the General Administration of Customs of the PRC (GACC).

05-09-2026 15:00:26

China INE crude price drops for third consecutive day

Guangzhou (JLC), May 8, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday, the third decline in a row.

05-08-2026 19:07:57

Huajin Aramco's crude terminal approved for operation

Guangzhou (JLC), May 8, 2026--Recently, Huajin Aramco Petrochemical Company (HAPCO)'s 300,000-dwt crude terminal in Panjin Port has been approved for operation.

05-08-2026 18:33:32

China to raise fuel ceilings on May 9

Guangzhou (JLC), May 8, 2026--China will mark up its retail ceilings of gasoline and diesel on May 9, 2026 (Saturday), as international crude prices have gone up over the past 10 working days.

05-08-2026 18:16:03

China's fuel prices continue to fall, fifth week in a row

Guangzhou (JLC), May 8, 2026--China's wholesale gasoline and diesel prices continued to fall in the week to April 8, the fifth week in a row, because of slipping international crude prices and weaken

05-08-2026 18:06:03

State-owned refinery run rates slump to six-year low in Apr

Beijing (JLC), May 8, 2026—Chinese state-owned oil refineries’ run rate of April 2026 plunged to the lowest since the corresponding month in 2020, JLC’s data indicates.

05-08-2026 14:34:12

China INE crude price plunges amid hopes of US-Iran peace deal

Guangzhou (JLC), May 7, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Thursday after the United States expressed optimism about reaching a pe

05-07-2026 19:18:28

State-owned refinery run rates fall to over six-year low

Guangzhou (JLC), May 7, 2026--Chinese state-owned oil refineries' run rates fell further in the week ending May 6 (Wednesday), hitting a new low in more than six years, JLC’s data shows.

05-07-2026 19:15:50

Crude stocks at Shandong ports fall slightly in early May

Guangzhou (JLC), May 7, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports edged down in the week ending May 7 amid lower feedstock arrivals.

05-07-2026 19:15:06

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