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Qingdao Refining & Chemical imports Mostarda crude for first time

Guangzhou (JLC), October 23, 2026--Sinopec Qingdao Refining & Chemical recently made its first purchase of Mostarda crude from Angola, Sinopec reported on its news website on October 23.

10-23-2026 14:54:51

Independents' refining margins for imported crude plunge

Guangzhou (JLC), October 22, 2026--Shandong-based independents' refining margins for imported crude plunged in the week to October 21 when crude costs rose more significantly than sales revenue.

10-22-2026 14:18:25

China tallies surge in Sept crude imports from Brazil

Guangzhou (JLC), October 20, 2026--China tallied a year-on-year surge of 20.75% in its Brazilian crude imports in September 2026 when supply from most suppliers plunged, according to GACC data.

10-20-2026 15:27:23

Independents' refining margins for imported crude turn negative

Guangzhou (JLC), October 15, 2026--Shandong-based independents' refining margins for imported crude turned negative in mid-October, due to a surge in crude costs.

10-15-2026 13:58:20

China's crude imports still low in September, despite on-month gain

Guangzhou (JLC), October 14, 2026--China's crude oil imports were still low in September 2026, despite another month-on-month gain.

10-14-2026 16:21:46

Independents' refining margins for imported crude rally

Guangzhou (JLC), September 23, 2026--Shandong-based independents' refining margins for imported crude rallied in the week to September 23, because of a drop in crude costs, despite a slight decline i

09-23-2026 18:39:19

China tallies another on-year surge in Aug crude imports from Russia

Guangzhou (JLC), September 21, 2026--China tallied another year-on-year surge of 41.35% in its imports of Russian crude in August 2026 when supply from most suppliers plunged.

09-21-2026 14:08:40

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 17, 2026--Shandong-based independents' refining margins for imported crude retreated in mid-September, as crude costs rose more significantly than sales revenue.

09-17-2026 14:09:39

China's crude imports up again in August

Guangzhou (JLC), September 8, 2026--China's crude oil imports extended month-on-month gains in August 2026, according to the latest data from the General Administration of Customs of the PRC (GACC).

09-08-2026 17:23:11

Independents' refining margins for imported crude surge

Guangzhou (JLC), September 3, 2026--Shandong-based independent refiners' refining margins for imported crude surged in early September, as crude costs slipped and sales revenue increased.

09-03-2026 11:34:57

China records on-year rise in July crude imports from Russia

Guangzhou (JLC), August 20, 2026--China tallied a year-on-year increase of 5.17% in its imports of Russian crude in July 2026 when its total imports plunged.

08-20-2026 17:30:02

Independents' refining margins for imported crude plunge

Guangzhou (JLC), August 20, 2026--Shandong-based independent refiners' refining margins for imported crude plunged in the week to August 19, when crude costs rose more significantly than sales revenue

08-20-2026 14:53:17

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 13, 2026--Shandong-based independent refiners' refining margins for imported crude surged in the week to August 12, because of lower crude costs and higher sales revenue.

08-13-2026 14:40:07

China’s crude imports rebound from nearly decade low

Guangzhou (JLC), August 7, 2026--China's crude oil imports rebounded month on month in July 2026 after hitting a nearly decade low in June, according to data released by the General Administration of

08-07-2026 19:29:46

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in early August, as crude costs dropped rapidly and sales revenue increased.

08-06-2026 16:05:40

Independents' refining margins for imported crude weaken

Guangzhou (JLC), July 30, 2026--Shandong-based independent refiners' refining margins for imported crude weakened in late July, as crude costs rose more significantly than sales revenue.

07-30-2026 15:55:54

China imports crude from fewer sources in H1

Guangzhou (JLC), July 23, 2026--China imported crude from only 35 countries and regions in the first half (H1) of this year, down from 45 in the same period of time in 2025, according to the data from

07-23-2026 18:56:47

Independents' refining margins for imported crude turn negative

Guangzhou (JLC), July 16, 2026--Shandong-based independent refiners' refining margins for imported crude turned negative in mid-July as crude costs inflated.

07-16-2026 13:58:25

China’s crude imports hit nearly decade low

Guangzhou (JLC), July 14, 2026--China's crude oil imports in June 2026 plunged to a new low in nearly ten years, as Chinese refiners had further reduced their purchases amid high oil prices and ongoin

07-14-2026 15:12:10

Independents' refining margins for imported crude retreat

Guangzhou (JLC), July 9, 2026--Shandong-based independent refiners' refining margins for imported crude retreated in the week to July 8 amid lower sales revenue, but they were still positive.

07-09-2026 16:24:30

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