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What Hainan Free Trade Port may mean to China’s oil market

Guangzhou (JLC), August 30, 2025--Hainan in southern China will become an enclosed customs-controlled area as from December 18, 2025, amid China’s efforts to open up further to the world.

08-30-2025 18:18:38

PetroChina starts up world's largest diesel absorption and separation unit

Guangzhou (JLC), August 28, 2025--PetroChina Guangxi Petrochemical achieved qualified production from its 2.0-million-mt-per-year diesel absorption and separation unit, the world’s largest, on Aug 26.

08-28-2025 19:03:07

Crude stocks at Shandong ports drop on growing consumption

Guangzhou (JLC), August 28, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined again in the week ending August 28, as local feedstock consumption increased.

08-28-2025 18:18:15

Sinopec’s net profit tumbles by 39.8% in H1 2025

Guangzhou (JLC), August 22, 2025--Sinopec recorded a plunge of 39.8% in its net profit for the first half (H1) of this year, according to its semi-annual report for 2025.

08-22-2025 18:48:24

Sinopec to cut its annual crude runs in 2025

Guangzhou (JLC), August 22, 2025--Sinopec will cut its refinery crude runs in 2025, in contrast to its previous plan for an increase of about 2.70 million mt.

08-22-2025 16:57:06

China records much lower crude imports from Malaysia in July

Guangzhou (JLC), August 20, 2025--China tallied a plunge in its crude imports from Malaysia in July 2025, according to data from the General Administration of Customs of the PRC (GACC).

08-20-2025 13:57:14

Sinopec likely to hike crude runs in H2 2025

Guangzhou (JLC), August 11, 2025--Sinopec is likely to hike its refinery crude runs in the second half of 2025 (H2 2025), judged from the company's crude runs in H1 and its plan for the whole year.

08-11-2025 19:10:23

Measures for refined oil circulation not to make much impact on market

Guangzhou (JLC), August 8, 2025--China has lately released Measures for the Management of Refined of Circulation that will take effect on September 1, 2025, but this will not make much impact.

08-08-2025 16:29:25

Crude stocks at Shandong ports decline further, still high

Guangzhou (JLC), August 7, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined further in the week ending August 7 when delivery out of local ports exceeded unloading.

08-07-2025 18:59:58

State-owned refinery run rates rise to nearly-two-year high

Guangzhou (JLC), August 7, 2025--Chinese state-owned oil refineries' run rates climbed up in the week ending August 6 (Wednesday) and hit a new high in nearly two years.

08-07-2025 18:36:23

Crude stocks at Shandong ports drop as consumption grows

Guangzhou (JLC), July 31, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined in the week ending July 31, as local refiners’ consumption grew.

07-31-2025 18:59:41

State-owned refinery run rates up on unit restarts

Guangzhou (JLC), July 31, 2025--Chinese state-owned oil refineries' run rates climbed up significantly in the week ending July 30, after the restarts of a refinery and two crude distillation units.

07-31-2025 18:34:36

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), July 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending July 24, as unloading outpaced outbound delivery.

07-24-2025 18:46:22

Shandong independents' run rates rise on more unit restarts

Guangzhou (JLC), July 23, 2025--Shandong independent refiners' operating rates extended rises in the week to July 23, mainly because of more unit restarts.

07-23-2025 19:04:25

China hikes crude imports from Saudi Arabia and Malaysia in June

Guangzhou (JLC), July 21, 2025--China boosted its crude imports from Saudi Arabia and Malaysia sharply in June 2025, according to data from the General Administration of Customs of the PRC (GACC).

07-21-2025 16:06:28

State-owned refinery run rates drop modestly in mid-July

Guangzhou (JLC), July 18, 2025--Chinese state-owned oil refineries' run rates dropped modestly in the week ending July 16, after hitting a new high in over 15 months in the previous week.

07-18-2025 11:16:38

Crude stocks at Shandong ports drop, still high

Guangzhou (JLC), July 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending July 17, after consumption rebounded, but were still high.

07-17-2025 18:29:35

Shandong independents' run rates rebound modestly

Guangzhou (JLC), July 16, 2025--Shandong independent refiners' operating rates rebounded modestly in the week to July 16, mainly as Qirun Chemical ratcheted up its throughput after restart.

07-16-2025 18:37:32

China to cut fuel ceilings on July 16

Guangzhou (JLC), July 15, 2025--China will mark down its retail ceilings of gasoline and diesel on July 16, 2025 (Wednesday), as international crude prices have retreated over the past 10 working day

07-15-2025 15:03:13

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