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China INE crude price up on easing economic concerns

Guangzhou (JLC), June 2, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, after the passage of the US debt ceiling bill eased concerns.

06-02-2023 19:16:32

PetroChina and Sinopec cut May crude runs on maintenance

Guangzhou (JLC), June 2, 2023--PetroChina and Sinopec both cut their crude runs in May 2023, because of more refinery maintenance, according to these two companies' plans.

06-02-2023 15:09:46

Shandong independents to boost feedstock imports in June

Guangzhou (JLC), June 2, 2023--Shandong-based independent refiners and traders are likely to boost their feedstock imports in June, as their consumption will increase amid growing gasoline demand.

06-02-2023 14:54:25

State-owned refiners lower May run rates modestly on maintenance

Guangzhou (JLC), June 2, 2023--Chinese state-owned oil companies lowered their refinery operating rates modestly in May 2023, due to more refinery maintenance.

06-02-2023 11:18:36

China INE crude price moves lower on US crude inventory build

Guangzhou (JLC), June 1, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended drops on Thursday, after data reported a buildup in US crude.

06-01-2023 19:31:40

State-owned oil refinery run rates extend gains on unit restarts

Guangzhou (JLC), June 1, 2023--State-owned oil refineries’ run rates extended gains in the week to June 1, because of unit restarts after maintenance.

06-01-2023 19:04:04

Crude stocks at Shandong ports grow on more storage capacity

Guangzhou (JLC), June 1, 2023--The crude stocks at Shandong ports grew in the week to June 1, due to the coverage of more tanks involved in JLC research.

06-01-2023 18:13:14

Independents’ refining margins for imported crude rally

Guangzhou (JLC), May 31, 2023--Shandong-based independents’ refining margins for imported crude rallied in the last week of May, buoyed by a modest increase in sales revenue.

05-31-2023 18:40:15

China INE crude price drops on weak economic data from China

Guangzhou (JLC), May 31, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Wednesday, after the release of weak economic data from China.

05-31-2023 18:28:27

Shandong independents’ run rates extend drops on tight feedstock

Guangzhou (JLC), May 31, 2023--Shandong-based independent refiners’ operating rates extended declines in late May, as some refiners still face tight feedstock and lowered their throughput.

05-31-2023 18:03:31

PetroChina Guangdong Petrochemical enters full commercial operations

Guangzhou (JLC), May 31, 2023--PetroChina held a news conference in Beijing on May 30, announcing that Guangdong Petrochemical achieved full commercial operations at its Jieyang refinery.

05-31-2023 14:35:41

China INE crude price range-bound on mixed factors

Guangzhou (JLC), May 30, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) moved sideways on Tuesday, supported by the US debt ceiling deal, but depressed by rat

05-30-2023 18:19:16

China’s apparent gasoline consumption surges 22.4% in April

Guangzhou (JLC), May 30, 2023--China’s apparent consumption of gasoline soared by 22.4% year on year in April, because of a relatively low base a year before when gasoline consumption was dampened by

05-30-2023 15:07:43

China INE crude price rallies after US debt ceiling fears ease

Guangzhou (JLC), May 29, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday, after the US debt ceiling concerns eased and the country’s oil ri

05-29-2023 17:54:55

China’s crude imports to rebound in May

Guangzhou (JLC), May 29, 2023--China’s crude imports are expected to rebound in May, due to a low base in April when cargo unloading was delayed significantly.

05-29-2023 16:28:04

China delivers world’s first M350 FPSO vessel

Guangzhou (JLC), May 29, 2023 – CSSC has formally delivered the world’s first M350 floating production, storage and offloading (FPSO) vessel on May 26, signaling a major breakthrough.

05-29-2023 14:10:52

China INE crude price retreats as prospect of more OPEC+ cuts weakens

Guangzhou (JLC), May 26, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday, as the prospect of more production cuts by OPEC+ weakened.

05-26-2023 19:13:24

Shandong independents’ crude imports surge in May

Guangzhou (JLC), May 26, 2023--Shandong-based independents’ feedstock imports surged in May as previously expected, because of faster consumption.

05-26-2023 17:38:15

State-owned oil refinery run rates rally after unit restarts

Guangzhou (JLC), May 26, 2023--State-owned oil refineries’ run rates rebounded modestly in the week to May 24, as two refineries boosted their crude runs after bringing some units back online.

05-26-2023 11:23:03

Crude stocks at Shandong ports grow as consumption slows

Guangzhou (JLC), May 25, 2023--The crude stocks at Shandong ports grew in the week to May 25, after consumption slowed down, while cargo unloading and delivery was still slow.

05-25-2023 19:01:21

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