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China’s daily crude throughput stable in August

Guangzhou (JLC), September 14, 2024--China’s daily crude oil throughput in August was stable from July’s 21-month low, due to weak diesel demand and low oil product exports.

09-14-2024 14:52:57

China INE crude price rises further on US supply losses

Guangzhou (JLC), September 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday, still supported by output disruptions in the US Gulf o

09-13-2024 18:15:28

China INE crude price rallies on hurricane-led supply concerns

Guangzhou (JLC), September 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Thursday, buoyed by supply concerns as Hurricane Francine

09-12-2024 19:01:42

Crude stocks at Shandong ports drop on faster consumption

Guangzhou (JLC), September 12, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased further in the week to September 12, mainly as a result of faster consumption.

09-12-2024 18:06:25

State-owned refinery run rates move higher

Beijing (JLC), September 12, 2024--Chinese state-owned oil refineries' run rates inched up in the week to September 11, 2024 (Wednesday) as several refineries raised crude runs, JLC’s data shows.

09-12-2024 17:36:13

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crude costs, despite a fall in

09-12-2024 16:55:03

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

Shandong independents' run rates rise further

Guangzhou (JLC), September 11, 2024 – Shandong independent refiners' operating rates increased further in the week to September 11, as two refineries continued to boost their runs.

09-11-2024 18:10:23

China INE crude price edges down on growing wait-and-see sentiment

Guangzhou (JLC), September 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Tuesday amid growing wait-and-see sentiment.

09-10-2024 18:59:53

China’s crude imports rebound to one-year high in August

Guangzhou (JLC), September 10, 2024--China’s crude oil imports rebounded to about 49.10 million mt in August 2024, with the daily imports at 11.56 million barrels, a new high in one year, according to

09-10-2024 15:21:38

China INE crude price slides further on weak US non-farm data

Guangzhou (JLC), September 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday as weak US non-farm employment data fueled demand con

09-09-2024 19:05:34

Sinopec Qilu to build 10 mln mt/yr CDU, dismantle two small ones

Guangzhou (JLC), September 9, 2024--Sinopec Qilu Petrochemical plans to construct a 10.0 million mt/yr (200,000 bbl/day) crude distillation unit (CDU) and dismantle a 2.5 million mt/yr CDU (idled from

09-09-2024 16:27:47

PetroChina Guangdong receives 10 VLCCs in August

Guangzhou (JLC), September 9, 2024 – PetroChina Guangdong Petrochemical received 10 very large crude carriers (VLCCs) at its oil terminal in August, marking a milestone.

09-09-2024 15:51:32

China INE crude price slips on weak US employment data

Guangzhou (JLC), September 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Friday on weaker-than-expected US employment data, but was limited

09-06-2024 18:57:38

Shandong independents' run rates up again in August

Guangzhou (JLC), September 6, 2024--Shandong-based independent refiners' operating rates nudged up again in August, as one refinery resumed operation in the month.

09-06-2024 17:20:27

State-owned refineries' run rates inch up in August

Guangzhou (JLC), September 6, 2024--Chinese state-owned oil companies lifted their refinery operating rates in August in view of still strong gasoline and jet fuel demand.

09-06-2024 17:18:07

Typhoon Yagi hits Hainan on Friday

Guangzhou (JLC), September 6, 2024--Typhoon Yagi made landfall on the coast of Wenchang, Hainan at 16:20 on Friday, with maximum winds near the center above level 17 (62 m/s), according to the China M

09-06-2024 15:30:16

China INE crude price slips further on stronger yuan

Guangzhou (JLC), September 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, due to an appreciation in Chinese currency and hop

09-05-2024 18:48:01

Crude stocks at Shandong ports extend falls in early Sept

Guangzhou (JLC), September 5, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended falls in early September, due to a plunge in cargo unloading and a rise in local indepe

09-05-2024 17:59:51

State-owned refinery run rates rebound in early September

Beijing (JLC), September 5, 2024--Chinese state-owned oil refineries' run rates increased in the week to September 4, 2024 (Wednesday) due to unit restart and higher fuel demand, JLC’s data shows.

09-05-2024 17:33:30

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