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Chinese refiners' crude runs continue to drop in December 2025

Guangzhou (JLC), January 19, 2026--Chinese refiners' crude runs continued to drop month on month in December 2025, due to weaker fuel demand, despite less maintenance.

01-19-2026 16:58:53

China's crude imports soar to new high in December 2025

Guangzhou (JLC), January 14, 2026--China's crude oil imports surged to a new high in December 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

01-14-2026 16:04:03

State-owned refinery run rates drop further in December

Guangzhou (JLC), January 8, 2026--Chinese state-owned oil refineries' run rates continued to fall in December 2025, as three refineries underwent maintenance throughout the month after shutting down s

01-08-2026 15:55:38

State-owned refinery run rates edge up in late December

Guangzhou (JLC), January 4, 2026--Chinese state-owned oil refineries' run rates gained slightly in the week ending December 31, 2025 (Wednesday), JLC’s data shows.

01-04-2026 15:51:01

Shandong independents' run rates fall further in late December

Guangzhou (JLC), December 31, 2025--Shandong independent refiners' operating rates extended losses in the week ending December 31, JLC’s data shows.

12-31-2025 18:39:28

Independents' refining margins for imported crude rise in early Dec

Guangzhou (JLC), December 4, 2025--Shandong-based independent refiners' refining margins for imported crude increased in early December when crude costs dropped more significantly than sales revenue.

12-04-2025 11:17:36

INE crude price rises as OPEC+ maintains decision to halt output hikes

Guangzhou (JLC), December 1, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Monday due to OPEC+'s reaffirmation of a pause in output increas

12-01-2025 19:01:18

Feedstock unloading for Shandong independents decreases in Sept

Guangzhou (JLC), October 17, 2025--Shandong-based independent refiners and traders slowed down their unloading of imported feedstock in September, mainly due to tightening quotas on non-state crude i

10-17-2025 15:21:36

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

Shandong independents’ feedstock unloading decreases in May

Guangzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

Independents’ crude refining margins soar again as costs decrease

Guangzhou (JLC), April 17, 2025--Shandong-based independents’ crude refining margins soared again in the middle of April, bolstered by a further plunge in crude costs.

04-17-2025 11:39:37

Independents’ crude refining margins surge as costs decrease

Guangzhou (JLC), March 6, 2025--Shandong-based independents’ crude refining margins surged in early March, driven up by a further decrease in crude costs, despite lower sales revenue.

03-06-2025 11:55:14

China INE crude price rallies after five straight declines

Guangzhou (JLC), February 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical rebound on Friday after consecutive declines over the past fiv

02-28-2025 19:00:01

China INE crude price records fifth straight decline

Guangzhou (JLC), February 27, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell for the fifth working day on February 27 as concerns over Kazakhstan’s oil s

02-27-2025 18:57:00

China INE crude price falls after US declares national energy emergency

Guangzhou (JLC), January 21, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Tuesday after US President Donald Trump declared a national energy

01-21-2025 19:04:03

China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

Shandong independents receive more imported feedstock in December

Guangzhou (JLC), January 10, 2025--Shandong-based independent refiners received more imported feedstock in the last month of 2024, amid expectation of growing demand.

01-10-2025 16:02:12

Shandong independents' December run rates set 8-month high

Guangzhou (JLC), January 6, 2025--Shandong-based independent refiners' operating rates rose to an 8-month high in December as some refiners raised their throughput amid low inventory and better sales.

01-06-2025 17:38:25

State-owned refineries' December run rates hit 28-month low

Guangzhou (JLC), January 6, 2025--Chinese state-owned oil companies' refinery operating rates reached a 28-month low in December amid seasonally weak fuel demand and short export quotas.

01-06-2025 15:06:51

Crude stocks at Shandong ports largely steady in late December

Guangzhou (JLC), December 27, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports became largely stable in the week to December 26, JLC's data shows.

12-27-2024 15:25:44

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