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China INE crude price rallies on breakdown of Gaza truce talks

Guangzhou (JLC), May 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after the talks on a truce in the Gaza Strip broke down.

05-10-2024 19:04:08

Independents’ refining margins for imported crude grow

Guangzhou (JLC), May 10, 2024--Shandong-based independents’ refining margins for imported crude grew in early May when refining costs dropped more than product prices.

05-10-2024 11:03:30

China INE crude stable on mixed EIA inventory data

Guangzhou (JLC), May 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) was largely stable on Thursday due to mixed inventory data from the Energy Information

05-09-2024 19:16:37

Crude stocks at Shandong ports fall on low unloading, faster consumption

Guangzhou (JLC), May 9, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports fell in early May when cargo unloading stayed low and consumption grew, JLC’s data shows.

05-09-2024 18:53:00

China’s April crude imports drop 5.8% on month

Guangzhou (JLC), May 9, 2024--China imported about 44.72 million mt of crude oil in April 2024, with the daily imports at roughly 10.88 million barrels, down 5.79% month on month, calculation shows, b

05-09-2024 14:59:38

China INE crude edges down on building US crude & product stocks

Guangzhou (JLC), May 8, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Wednesday after data showed a build in the US crude and product s

05-08-2024 18:46:43

China INE crude edges up after Israel attacks Rafah

Guangzhou (JLC), May 7, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rallied slightly on Tuesday after Israel attacked Rafah in Gaza.

05-07-2024 19:25:42

China INE crude price plunges on US inflation concerns

Guangzhou (JLC), May 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell sharply on May 6 due to concerns over persisting high inflation in the US and a bu

05-06-2024 18:55:32

State-owned refiners to cut May crude runs on abundant supply

Guangzhou (JLC), May 6, 2024--Chinese state-owned oil refiners are expected to cut their crude throughput in May, because of abundant supply and slow demand growth.

05-06-2024 17:38:45

China INE crude price drops as geopolitical risks cool

Guangzhou (JLC), April 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday due to cooling geopolitical risks.

04-30-2024 17:05:15

China INE crude price rallies after US oil rigs slip

Guangzhou (JLC), April 29, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday due to a drop in the US oil count, but the growth was capped by

04-29-2024 19:09:33

Sinopec boosts crude throughput and oil product output in Q1

Guangzhou (JLC), April 29, 2024 – Sinopec, China’s largest refiner, continued to boost its crude throughput and oil product output in the first quarter (Q1) of 2024.

04-29-2024 18:30:13

Sinopec raises Shengli crude price for April

Guangzhou (JLC), April 28, 2024--Sinopec marked up its Shengli crude price for April 2024, following rises in international crude prices, according to refiner sources in Shandong.

04-28-2024 14:33:53

China INE crude price edges down on weak US economic data

Guangzhou (JLC), April 26, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Friday after data suggested weaker-than-expected growth in the

04-26-2024 18:40:10

Crude stocks at Shandong ports retreat on less unloading

Guangzhou (JLC), April 25, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week to April 25, due to less cargo unloading, according to local port sources.

04-25-2024 18:32:29

China INE crude price extends gains

Guangzhou (JLC), April 25, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Thursday after the US Energy Information Administration (EIA) r

04-25-2024 18:17:53

Independents’ refining margins for imported crude surge

Guangzhou (JLC), April 25, 2024--Shandong-based independents’ refining margins for imported crude surged in the week to April 24 as costs were reduced by falling international crude prices.

04-25-2024 15:39:17

China INE crude price rallies on US crude stock draw

Guangzhou (JLC), April 24, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Wednesday due to a drawdown in the US crude stocks and upbeat economic

04-24-2024 18:05:35

China INE crude price extends losses amid cooling geopolitical risk

Guangzhou (JLC), April 23, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Tuesday as geopolitical risk cooled.

04-23-2024 18:48:14

Chinese SOEs to cut April crude runs on more refinery maintenance

Guangzhou (JLC), April 23, 2024--Chinese state-owned enterprises (SOEs) plan to cut their crude throughput in April, because of refinery maintenance, according to sources from them.

04-23-2024 15:37:30

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