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China INE crude price dips on hopes of US-Iran deal

Guangzhou (JLC), June 12, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday amid rising optimism over a potential agreement between the Unite

06-12-2026 19:20:36

LNG cargoes at CNOOC Fujian terminal hit 850 milestone

Beijing (JLC), June 12, 2026—The LNG carrier MIN LU unloaded 60,000 mt of LNG at CNOOC Fujian LNG terminal on June 4, marking a milestone of 850 LNG cargoes at the terminal, CNOOC reported on June 8.

06-12-2026 19:06:00

Xianren Island's No. 2 crude terminal to be completed by year-end

Guangzhou (JLC), June 12, 2026--The No. 2 crude oil terminal in Xianren Island Port Area of Yingkou Port is expected to see its construction completed by the end of 2026, Liaoning Port Group said.

06-12-2026 18:59:49

China's fuel prices drop for three consecutive weeks

Guangzhou (JLC), June 12, 2026--China's wholesale gasoline and diesel prices dropped again in the week to June 12, the third week in a row, in tandem with falling international crude prices.

06-12-2026 17:58:21

Shandong independents unload less feedstock in May

Guangzhou (JLC), June 12, 2026--Shandong-based independent refiners and traders unloaded less imported feedstock in May 2026, due to an increase in their import costs.

06-12-2026 17:05:15

PetroChina Lanzhou resumes aviation gasoline production

Guangzhou (JLC), June 12, 2026--On June 9, PetroChina Lanzhou Petrochemical shipped out a tank truck of aviation gasoline 100LL, the first batch after it resumed aviation gasoline production.

06-12-2026 15:34:41

Jetty of Wenzhou LNG terminal enters regular commercial operations

Beijing (JLC), June 12, 2026—The supporting jetty of the Zhejiang Energy Wenzhou LNG terminal entered regular commercial operations, Hangzhou Customs reported on June 10.

06-12-2026 10:14:02

State-owned refinery run rates extend gains

Guangzhou (JLC), June 11, 2026--Chinese state-owned oil refineries' run rates grew further in the week ending June 10 (Wednesday), JLC’s data shows.

06-11-2026 19:02:58

Crude stocks at Shandong ports hit 33-week low

Guangzhou (JLC), June 11, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports slipped to a 33-week low in the week ending June 11 due to fewer feedstock arrivals.

06-11-2026 19:01:50

Independents' crude refining losses continue to narrow

Guangzhou (JLC), June 11, 2026--Shandong-based independent refiners' refining losses for imported crude continued to narrow in the week to June 10, as sales revenue rose more significantly than crude

06-11-2026 18:42:57

China's oil product exports tumble on year in May

Guangzhou (JLC), June 11, 2026--China's oil product exports plunged year on year in May 2026, according to the preliminary data released by the General Administration of Customs of the PRC (GACC).

06-11-2026 18:37:11

Sinopec Jinan completes first bonded jet fuel business

Guangzhou (JLC), June 11, 2026--Recently, Sinopec Jinan delivered 4,000 mt of bonded jet fuel to Jinan Yaoqiang International Airport, marking the launch of its bonded jet fuel business.

06-11-2026 18:13:00

Hong Kong completes over 60,000 mt of green fuel bunkering

Beijing (JLC), June 11, 2026--In the first five months of 2026, Hong Kong conducted 38 bunkering services with over 60,000 mt of green marine fuel, Xinhuanet reported.

06-11-2026 17:22:34

China's LSFO output decreases in May

Guangzhou (JLC), June 11, 2026--China's LSFO output decreased moderately in May due to unit maintenance.

06-11-2026 14:58:24

Singapore's bunker fuel sales decline further in April

Guangzhou (JLC), June 11, 2026--Singapore sold about 4.35 million mt of bunker fuel in April, with the daily sales at 145,034 mt, down by 5.65% month on month and 1.21% year on year, calculations show

06-11-2026 14:02:12

China recycled PVC market softens on weak demand, shrinking price spreads

Shandong (JLC), June 11, 2026 – China’s recycled PVC market continued to trend lower amid muted demand and narrowing PVC-recycled PVC price spreads.

06-11-2026 11:04:03

CSSC Hudong-Zhonghua starts to build 271,000-cbm LNG carrier

Guangzhou (JLC), June 10, 2026--CSSC Hudong-Zhonghua kicked off construction of the world's largest 271,000-cbm QC-Max LNG carrier on June 9, Shanghai Observer reported on the same day.

06-10-2026 19:25:57

Shandong independents' run rates slip for seventh straight week

Guangzhou (JLC), June 10, 2026--Shandong independent refiners' operating rates fell further in the week ending June 10, the seventh consecutive week of drops, JLC’s data shows.

06-10-2026 19:20:00

China INE crude price extends losses

Guangzhou (JLC), June 10, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday after US President Donald Trump said US-Iran talks have rea

06-10-2026 19:18:30

PetroChina starts construction of 100,000 mt/yr SAF project

Guangzhou (JLC), June 10, 2026--PetroChina North China Petrochemical's 100,000 mt/yr SAF project came under construction after completing its basic design as of the end of May, CNPC News Center report

06-10-2026 19:06:58

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