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State-owned refinery run rates stable in late May

Guangzhou (JLC), May 28, 2026--Chinese state-owned oil refineries' run rates were unchanged in the week ending May 27 (Wednesday), JLC’s data shows.

05-28-2026 11:35:04

Zhoushan approves EIA report for ZPC's Mamu oil storage expansion

Guangzhou (JLC), May 27, 2026--Zhoushan municipal ecological environment bureau released a notice earlier this month, approving the environmental impact assessment (EIA) report of the expansion projec

05-27-2026 19:00:26

Independents' refining margins for imported crude soar

Guangzhou (JLC), May 27, 2026--Shandong-based independent refiners' refining margins for imported crude surged in late May, as crude costs dropped.

05-27-2026 18:40:49

Sinopec Qilu makes progress on transformation and upgrade project

Guangzhou (JLC), May 26, 2026--On May 25, Shandong Zibo Bureau of Natural Resources and Planning made public the planning of a 200,000 mt/yr ionic membrane caustic soda unit construction project, part

05-26-2026 19:14:44

Premiums of imported fuel oil drop on weak demand

Guangzhou (JLC), May 26, 2026--The premiums of imported fuel oil in Shandong have lately declined, due to weak demand from local independent refiners, according to market sources.

05-26-2026 17:59:38

Independents' crude refining margins drop on rising costs

Guangzhou (JLC), May 21, 2026--Shandong-based independent refiners' refining margins for imported crude dropped in the week to May 20, due to a rally in crude costs, despite slightly higher sales reve

05-21-2026 17:23:47

China to raise fuel ceilings on May 22

Guangzhou (JLC), May 21, 2026--China will mark up its retail ceilings of gasoline and diesel on May 22, 2026 (Friday), as international crude prices have gained some ground over the past 10 working da

05-21-2026 15:57:51

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

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 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 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

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

Independents find more losses in imported crude refining margins

Guangzhou (JLC), May 7, 2026--Shandong-based independent refiners found deeper losses in their refining margins for imported crude in early May, as crude costs continued to increase.

05-07-2026 16:26:04

Shandong independents' run rates edge down in early May

Guangzhou (JLC), May 6, 2026--Shandong independent refiners' operating rates fell slightly in the week ending May 6, JLC’s data shows.

05-06-2026 19:16:58

Independents' refining margins for imported crude tumble again

Guangzhou (JLC), April 29, 2026--Shandong-based independents' refining margins for imported crude continued to tumble in late April, as crude costs surged and sales revenue went lower.

04-29-2026 18:02:40

China INE crude price rises amid US-Iran diplomatic stalemate

Guangzhou (JLC), April 28, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Tuesday as the United States responded coolly to Iran’s latest proposal

04-28-2026 19:09:35

China’s asphalt imports grow in Mar

Beijing (JLC), April 27, 2026—China imported 319,129 mt of asphalt in March, up 2.70% month on month and 20.89% year on year, according to the General Administration of Customs of the PRC (GACC).

04-27-2026 17:59:37

China expands LPG imports in Mar 2026

Beijing (JLC), April 23, 2026—LPG inflows to China settled at 2.57 mln mt in March 2026, a month-on-month increase of 7.02%, data from the General Administration of Customs of the PRC (GACC) showed.

04-23-2026 18:00:24

China’s MTBE exports rise markedly in Mar

Beijing (JLC), April 23, 2025--China’s MTBE exports registered 879,700 mt in March 2026, up 51.73% month on month and 189.81% year on year, according to data from the GACC.

04-23-2026 17:22:46

Independents' refining margins for imported crude plunge

Guangzhou (JLC), April 23, 2026--Shandong-based independents' refining margins for imported crude plunged in the week to April 22, due to a rally in crude costs and a further decline in sales revenue.

04-23-2026 15:47:59

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