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China receives much less crude from Saudi Arabia in March

Guangzhou (JLC), April 20, 2026--China received much less crude from Saudi Arabia in March 2026, which could be ascribed to the closure of the Strait of Hormuz.

04-20-2026 18:36:48

China INE crude price picks up after Saudi supply losses

Guangzhou (JLC), April 10, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded moderately on Friday following news of supply losses from Saudi Arabia.

04-10-2026 18:52:24

Progress of Sino-Saudi Gulei ethylene project exceeds 93%

Guangzhou (JLC), February 3, 2026--The overall construction progress of the Sino-Saudi Gulei ethylene project has exceeded 93%, according to a notice released by Xiamen Port Authority on January 15, 2

02-03-2026 10:58:31

China INE crude price slips further after Saudi Aramco price cut

Guangzhou (JLC), November 7--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended losses on Friday after Saudi Aramco cut its official selling prices of crude oi

11-07-2025 18:50:14

China hikes crude imports from Saudi Arabia and Malaysia in June

Guangzhou (JLC), July 21, 2025--China boosted its crude imports from Saudi Arabia and Malaysia sharply in June 2025, according to data from the General Administration of Customs of the PRC (GACC).

07-21-2025 16:06:28

Sino-Saudi Gulei ethylene project to come online by 2026

Guangzhou (JLC), July 4, 2025--The Sino-Saudi Gulei ethylene project is expected to be completed and put into operation by 2026, CCTV News reported on July 2.

07-04-2025 18:56:40

China INE crude price edges up on potential price hike by Saudi Arabia

Guangzhou (JLC), July 2, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched higher on Wednesday, supported by the expectation of an oil price increase by S

07-02-2025 18:58:50

China INE crude price drops on possible Saudi oil price cut

Guangzhou (JLC), March 31, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) declined further on Monday amid expectations that Saudi Arabia may slash crude price

03-31-2025 19:04:30

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China INE crude price picks up after Saudi Aramco hikes prices

Guangzhou (JLC), February 7, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded slightly on Friday after Saudi Aramco hiked crude prices.

02-07-2025 19:07:42

Saudi Arabia regains 2nd place among crude suppliers to China

Guangzhou (JLC), December 20, 2024--Saudi Arabia regained the second place among the crude suppliers to China in November 2024, with its supply to China jumping month on month, according to the GACC.

12-20-2024 14:47:46

China INE crude price extends losses after Saudi Aramco price cut

Guangzhou (JLC), December 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday, following Saudi Aramco’s cut in oil selling prices and and

12-09-2024 19:13:57

China slashes crude imports from Saudi Arabia in August 2024

Guangzhou (JLC), September 27, 2024--China slashed its crude imports from Saudi Arabia in August, mainly because of relatively high prices, according to data from the GACC.

09-27-2024 15:17:14

Saudi Tadawul Group signs deal to acquire stake in DME Holdings

Guangzhou (JLC), January 23, 2024 – Saudi Tadawul Group (STG) has recently signed a binding agreement with DME Holdings Limited and its existing shareholders to acquire a 32.6% stake in DME Holdings.

01-23-2024 18:45:28

China INE crude price retreats after Saudi Aramco’s OSP cut

Guangzhou (JLC), January 9, 2024--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated sharply on Tuesday after Saudi Aramco cut its crude official selling pric

01-09-2024 19:13:22

China INE crude price soars after Saudi Arabia, Russia extend supply cuts

Guangzhou (JLC), September 6, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) surged on Wednesday after Saudi Arabia and Russia announced an extension of their

09-06-2023 19:35:13

China INE crude price rises, still buoyed by Saudi and Russian supply cuts

Guangzhou (JLC), July 5, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) climbed moderately on Wednesday, supported by Saudi Arabia and Russia’s announcement o

07-05-2023 19:02:23

Sinopec signs EPC contract with Aramco for Saudi’s Amiral Project

Guangzhou (JLC), June 28, 2023 – Sinopec Engineering Group, an engineering arm of Sinopec, has signed an engineering, procurement and construction (EPC) contract with Saudi Aramco on June 27.

06-28-2023 16:08:14

Saudi Arabia regains first place among crude suppliers to China

Guangzhou (JLC), May 22, 2023--Saudi Arabia topped the crude suppliers to China in April, the first time in six months, according to data from the General Administration of Customs of the PRC (GACC).

05-22-2023 15:37:46

Saudi Aramco acquires 10% stake in Rongsheng Petrochemical

Guangzhou (JLC), March 28, 2023--Saudi Aramco and Rongsheng Petrochemical signed an acquisition agreement on March 27, under which Aramco Overseas Company B.V. (AOC for short) would purchase a 10% st

03-28-2023 19:00:43

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