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Crude imports via Maoming SPM terminal hit new high

Guangzhou (JLC), September 19, 2025--So far in 2025, crude imports via a single point mooring (SPM) terminal at Maoming Port have exceeded 12 million mt, setting a historical high.

09-19-2025 18:55:34

China INE crude price drops further on US economic concerns

Guangzhou (JLC), September 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Friday due to concerns over the US economy.

09-19-2025 18:01:51

State-owned refinery run rates rally in mid-September

Guangzhou (JLC), September 19, 2025--Chinese state-owned oil refineries' run rates gained some ground in the week ending September 17 (Wednesday), JLC's data shows.

09-19-2025 15:39:27

Independents' refining margins for imported crude retreat

Guangzhou (JLC), September 18, 2025--Shandong-based independents' refining margins for imported crude retreated in mid-September, due to a rally in crude costs, despite slightly higher sales revenue.

09-18-2025 11:07:07

Shandong independents' run rates hit nine-month high

Guangzhou (JLC), September 17, 2025--Shandong independent refiners' operating rates increased further in the week to September 17, hitting a new high in about nine months, JLC’s data shows.

09-17-2025 18:52:30

PetroChina Guangdong hits 50-mln-mt mark in crude runs

Guangzhou (JLC), September 17, 2025--PetroChina Guangdong Petrochemical has processed more than 50 million mt of crude oil since it began operation in early 2023.

09-17-2025 18:29:45

Yulin Refinery receives over 1 mln mt of imported crude

Guangzhou (JLC), September 16, 2025--Up until September 11, Shaanxi Yanchang Petroleum's Yulin Refinery had received and unloaded about 1.29 million mt of imported crude oil in 2025.

09-16-2025 19:12:42

China INE crude price rallies after Ukrainian attack on Russian oil terminal

Guangzhou (JLC), September 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after Ukraine attacked a key Russian oil terminal.

09-15-2025 19:29:53

Chinese refiners’ crude runs hit 17-month high in August

Guangzhou (JLC), September 15, 2025--Chinese oil refiners’ crude throughput hit a 17-month high in August 2025, when their unit maintenance dropped and fuel demand was relatively strong.

09-15-2025 15:32:00

Crude stocks at Shandong ports retreat on higher consumption

Guangzhou (JLC), September 11, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports decreased in the week ending September 11, as local independent refiners' feedstock consumption

09-11-2025 18:56:30

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

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

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

State-owned refinery run rates higher on more restarts in August

Guangzhou (JLC), September 9, 2025--Chinese state-owned oil refineries' run rates rose again in August, following the restart of a crude distillation unit (CDU) and one refinery.

09-09-2025 10:14:15

China's crude imports rebound on month in August

Guangzhou (JLC), September 8, 2025--China's crude oil imports rallied month on month in August 2025, according to the latest data from the General Administration of Customs of the PRC (GACC).

09-08-2025 16:36:00

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), September 4, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending September 4, as unloading outpaced outbound delivery.

09-04-2025 19:04:33

State-owned refinery run rates inch lower in early September

Guangzhou (JLC), September 4, 2025--Chinese state-owned oil refineries' run rates fell modestly in the week ending September 3 (Wednesday), JLC's data shows.

09-04-2025 17:22:23

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's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

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

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