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China’s daily crude throughput stable in August

Guangzhou (JLC), September 14, 2024--China’s daily crude oil throughput in August was stable from July’s 21-month low, due to weak diesel demand and low oil product exports.

09-14-2024 14:52:57

China INE crude price rises further on US supply losses

Guangzhou (JLC), September 13, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday, still supported by output disruptions in the US Gulf o

09-13-2024 18:15:28

China INE crude price rallies on hurricane-led supply concerns

Guangzhou (JLC), September 12, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Thursday, buoyed by supply concerns as Hurricane Francine

09-12-2024 19:01:42

Independents’ refining margins for imported crude surge

Guangzhou (JLC), September 12, 2024--Shandong-based independents’ refining margins for imported crude rebounded rapidly in the week to September 11, buoyed by plunging crude costs, despite a fall in

09-12-2024 16:55:03

China INE crude slips further after OPEC cuts demand forecast

Guangzhou (JLC), September 11, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Wednesday after OPEC revised down its global demand growth

09-11-2024 18:12:12

China INE crude price edges down on growing wait-and-see sentiment

Guangzhou (JLC), September 10, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell slightly on Tuesday amid growing wait-and-see sentiment.

09-10-2024 18:59:53

China’s crude imports rebound to one-year high in August

Guangzhou (JLC), September 10, 2024--China’s crude oil imports rebounded to about 49.10 million mt in August 2024, with the daily imports at 11.56 million barrels, a new high in one year, according to

09-10-2024 15:21:38

China INE crude price slides further on weak US non-farm data

Guangzhou (JLC), September 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday as weak US non-farm employment data fueled demand con

09-09-2024 19:05:34

Sinopec Qilu to build 10 mln mt/yr CDU, dismantle two small ones

Guangzhou (JLC), September 9, 2024--Sinopec Qilu Petrochemical plans to construct a 10.0 million mt/yr (200,000 bbl/day) crude distillation unit (CDU) and dismantle a 2.5 million mt/yr CDU (idled from

09-09-2024 16:27:47

China INE crude price slips on weak US employment data

Guangzhou (JLC), September 6, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) edged down on Friday on weaker-than-expected US employment data, but was limited

09-06-2024 18:57:38

Shandong independents' run rates up again in August

Guangzhou (JLC), September 6, 2024--Shandong-based independent refiners' operating rates nudged up again in August, as one refinery resumed operation in the month.

09-06-2024 17:20:27

State-owned refineries' run rates inch up in August

Guangzhou (JLC), September 6, 2024--Chinese state-owned oil companies lifted their refinery operating rates in August in view of still strong gasoline and jet fuel demand.

09-06-2024 17:18:07

Typhoon Yagi hits Hainan on Friday

Guangzhou (JLC), September 6, 2024--Typhoon Yagi made landfall on the coast of Wenchang, Hainan at 16:20 on Friday, with maximum winds near the center above level 17 (62 m/s), according to the China M

09-06-2024 15:30:16

China INE crude price slips further on stronger yuan

Guangzhou (JLC), September 5, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Thursday, due to an appreciation in Chinese currency and hop

09-05-2024 18:48:01

Independents unload more imported feedstock in August

Guangzhou (JLC), September 5, 2024--Shandong-based independent refiners unloaded more imported feedstock in August, mainly because of stronger gasoline demand and better crude refining margins.

09-05-2024 17:32:03

China INE crude price slumps on possible resumption of Libyan supply

Guangzhou (JLC), September 4, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) plunged Wednesday on hopes of a restoration of oil production in Libya.

09-04-2024 18:44:11

China INE crude price rallies on lower Libyan supply

Guangzhou (JLC), September 3, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday, supported by lower production in Libya and weaker Chinese c

09-03-2024 18:24:30

China INE crude price retreats on prospect of rising OPEC+ output

Guangzhou (JLC), September 2, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Monday due to the prospect of higher OPEC+ production from October a

09-02-2024 18:54:55

Yanchang Petroleum to build 1.0 million cbm oil depot

Guangzhou (JLC), September 2, 2024--Shaanxi Yanchang Petroleum Group planned to construct a crude oil depot with a storage capacity of 1.0 million cubic meters (cbm), according to China Chemical Indus

09-02-2024 16:30:10

China INE crude price rallies after Libya’s oil production plunges

Guangzhou (JLC), August 30, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday due to a plunge in Libya’s oil production and an upgrade in the

08-30-2024 18:29:08

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