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State-owned refinery run rate rises to 16-week high in early July

Guangzhou (JLC), July 4, 2025--Chinese state-owned oil refineries' run rates climbed to a 16-week high in early July, mainly due to continued throughput increases from a refinery that restarted in lat

07-04-2025 10:28:19

China INE crude price rises after Iran suspends cooperation with IAEA

Guangzhou (JLC), July 3, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Thursday following Iran’s decision to suspend its cooperation wit

07-03-2025 19:30:15

Crude stocks at Shandong ports rise further as unloading outpaces delivery

Guangzhou (JLC), July 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose further in early July when cargo unloading was still faster than outbound delivery.

07-03-2025 18:27:40

Independents' refining margins for imported crude rebound sharply

Guangzhou (JLC), July 3, 2025--Shandong-based independents' refining margins for imported crude rebounded sharply in the week to July 2, driven up by a plunge in crude costs.

07-03-2025 14:45:56

China INE crude price edges up on potential price hike by Saudi Arabia

Guangzhou (JLC), July 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Wednesday, supported by the expectation of an oil price increase by S

07-02-2025 18:58:50

Shandong independents' run rates rally on unit restart

Guangzhou (JLC), July 2, 2025--Shandong independent refiners' operating rates rebounded in the week ending July 2, driven by the restart of a refinery in Weifang.

07-02-2025 18:38:36

China INE crude price range-bound

Guangzhou (JLC), July 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Tuesday amid uncertainty about U.S. tariffs.

07-01-2025 18:48:47

China INE crude price drops as OPEC+ may boost output further

Guangzhou (JLC), June 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday amid expectations of another production increase by OPEC+

06-30-2025 18:49:49

State-owned refiners to have much less unit maintenance in July

Guangzhou (JLC), June 30, 2025--State-owned oil refiners will have much less unit maintenance in July as more refineries come back online and no refinery is coming under maintenance.

06-30-2025 18:31:33

China INE crude price slips further on weak Chinese economic data

Guangzhou (JLC), June 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday following weak economic data from China.

06-27-2025 18:27:57

China INE crude price extends losses on stronger yuan

Guangzhou (JLC), June 26, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) slipped further on Thursday on the back of stronger Chinese yuan.

06-26-2025 19:09:07

State-owned refinery run rate rises to 3-month high on less maintenance

Guangzhou (JLC), June 26, 2025--Chinese state-owned oil refineries' run rates extended rises to a three-month high in the week ending June 25, as Sinopec Hunan Petrochemical restarted its refinery.

06-26-2025 18:36:37

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), June 26, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending June 26, as cargo unloading surpassed consumption, JLC’s data shows.

06-26-2025 18:11:47

Independents' crude refining margins grow in late June

Guangzhou (JLC), June 26, 2025--Shandong-based independents' crude refining margins grew in late June, as their sales revenue increased.

06-26-2025 15:43:19

China INE crude price plummets on Iran-Israel ceasefire

Guangzhou (JLC), June 25, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged further on Wednesday due to a ceasefire between Iran and Israel.

06-25-2025 18:38:16

Shandong independents' run rates retreat on maintenance

Guangzhou (JLC), June 25, 2025--Shandong independent refiners' operating rates retreated in the week ending June 25 due to more unit maintenance.

06-25-2025 18:23:46

Trading volume of China INE crude futures soars to new high

Guangzhou (JLC), June 24, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Tuesday, because of lingering concerns over pote

06-24-2025 18:45:24

Yanchang Petroleum completes half of annual refining target

Guangzhou (JLC), June 24, 2025--Shaanxi Yanchang Petroleum has completed 50.12% of its annual crude throughput target of 15.10 million mt as of June 19, the company said on its official Wechat account

06-24-2025 15:43:47

China INE crude price dips technically, despite U.S. strikes on Iran

Guangzhou (JLC), June 23, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical decline on Monday after three consecutive gains, despite U.S. airs

06-23-2025 19:08:15

China INE crude price continues rising

Guangzhou (JLC), June 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday due to the possibility of U.S. involvement in the Iran-Israe

06-20-2025 18:51:23

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