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China INE crude price up amid prospect of new EU sanctions on Russia

Guangzhou (JLC), September 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Thursday as the European Union (EU) is advancing a new roun

09-11-2025 17:43:38

Independents' crude refining margins surge amid lower costs

Guangzhou (JLC), September 11, 2025--Shandong-based independents' refining margins for imported crude surged in the week ending September 10, because of falling crude costs, despite slightly lower sal

09-11-2025 16:47:22

Yanchang Petroleum sees completion of Yan’an crude tank farm

Guangzhou (JLC), September 11, 2025--Shaanxi Yanchang Petroleum’s new crude oil tank farm project was completed on September 10, Shaanxi Petroleum Chemical Engineering and Construction, the contractor

09-11-2025 14:36:46

Shandong independents' run rates rise for fifth straight week

Guangzhou (JLC), September 10, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 10, the fifth gain in a row, after a refiner in Heze wrapped up maintenan

09-10-2025 18:51:16

Feedstock unloading for Shandong independents increases slightly

Guangzhou (JLC), September 10, 2025--Shandong-based independent refiners and traders slightly increased their unloading of imported feedstock in August, because of expectations of rising demand.

09-10-2025 11:21:04

China INE crude price rallies on OPEC+ compensatory output cuts

Guangzhou (JLC), September 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday due to compensatory production cuts by certain OPEC+ members

09-09-2025 18:52:27

China INE crude price down on further output boost by OPEC+

Guangzhou (JLC), September 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday after OPEC+ decided to further ramp up output in Octo

09-08-2025 18:14:59

China INE crude price retreats on possible OPEC+ output hike

Guangzhou (JLC), September 4, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday amid the potential for further output increases by OPEC+ an

09-04-2025 18:37:20

Independents see lower crude refining margins in early Sept

Guangzhou (JLC), September 3, 2025--Shandong-based independent refiners saw a further decline in their crude refining margins in early September, because of lower sales revenue and slightly higher cr

09-03-2025 18:52:08

Shandong independents' run rates rise further in early September

Guangzhou (JLC), September 3, 2025--Shandong independent refiners' operating rates continued to grow in the week to September 3, still supported by unit restarts.

09-03-2025 18:51:36

China INE crude price rises on fading hopes for Russia-Ukraine talks

Guangzhou (JLC), September 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday amid diminishing prospects for Russia-Ukraine peace

09-02-2025 18:37:37

PetroChina Guangdong's crude stocks hit 791,000 mt

Guangzhou (JLC), August 29, 2025--PetroChina Guangdong Petrochemical's crude oil inventories reached 791,000 mt on August 25, an increase of 150,000 mt from the middle of this month.

08-29-2025 16:36:46

Independents' crude refining margins retreat in late Aug

Guangzhou (JLC), August 28, 2025--Shandong-based independents' refining margins for imported crude retreated in late August, due to a rally in crude costs and a decline in sales revenue.

08-28-2025 11:38:28

Shandong independents' run rates rise for third straight week

Guangzhou (JLC), August 27, 2025--Shandong independent refiners' operating rates continued to grow in the week to August 27, the third gain in a row, because of unit restarts.

08-27-2025 18:56:03

PetroChina's net profit falls 5.4% in H1 2025

Guangzhou (JLC), August 27, 2025--PetroChina's net profit attributable to its equity shareholders dropped by 5.4% year on year in the first half (H1) of this year, according to the company's semi-annu

08-27-2025 15:33:13

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

Independents' crude refining margins continue to improve

Guangzhou (JLC), August 21, 2025--Shandong-based independents' crude refining margins continued to improve in the week to August 20, as crude costs lost more than oil product prices.

08-21-2025 16:57:24

Shandong independents' run rates extend gains on unit restarts

Guangzhou (JLC), August 20, 2025--Shandong independent refiners' operating rates continued to rise in the week to August 20, due to more unit restarts.

08-20-2025 19:08:00

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 14, 2025--Shandong-based independents' refining margins for imported crude surged in mid-August, because of a sharp fall in crude costs, despite a moderate slip in their sales

08-14-2025 14:57:52

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