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China's retail sales of new energy passenger cars reaches 63% in May

Guangzhou (JLC), June 8, 2026--The retail sales of new energy passenger cars across China reached approximately 974,000 units in May, with its market penetration arriving at 63%, hitting a record high

06-08-2026 18:50:48

China INE crude rallies amid renewed military conflicts in the Middle East

Guangzhou (JLC), June 8, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Monday after Israel and Iran exchanged strikes.

06-08-2026 18:48:16

China's fuel prices continue to slip in early June

Guangzhou (JLC), June 5, 2026--China's wholesale gasoline and diesel prices continued to slip in early June, without support from the demand side.

06-05-2026 19:48:42

Baikun pipeline sends 46 mln mt of oil products to Yunnan

Guangzhou (JLC), June 5, 2026--The Baise-Kunming (Baikun) oil product pipeline has transported 46 million mt of oil to Yunnan since it began operation ten years ago, Xinhuanet reported on June 2.

06-05-2026 18:58:42

China INE crude price slips on easing geopolitical tensions

Guangzhou (JLC), June 5, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday as a Israel-Lebanon ceasefire raised hopes of a potential peace ag

06-05-2026 18:58:42

State-owned refinery run rates rally in early June

Guangzhou (JLC), June 5, 2026--Chinese state-owned oil refineries' run rates rebounded in the week ending June 3 (Wednesday), JLC’s data shows.

06-05-2026 15:39:22

China INE crude price rallies amid renewed tensions in the Middle East

Guangzhou (JLC), June 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Thursday amid rising tensions in the Middle East and a plunge in the US c

06-04-2026 19:20:26

Crude stocks at Shandong ports fall further in early June

Guangzhou (JLC), June 4, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended losses in the week ending June 4 as feedstock arrivals continued to fall in early June.

06-04-2026 19:19:36

Sinopec Shijiazhuang sees progress on green transition project

Guangzhou (JLC), June 4, 2026--Sinopec Shijiazhuang Refining & Chemical made progress on its green transition project by installing the first tower equipment recently, Sinopec News Network reported.

06-04-2026 19:15:58

State-owned refinery run rate declines further in May

Beijing (JLC), June 4, 2026—Chinese state-owned oil refineries’ run rate in May 2026 sagged to the lowest since March 2020, JLC’s data indicates.

06-04-2026 17:59:47

China to cut fuel ceilings on June 5, second time this year

Guangzhou (JLC), June 4, 2026--China will mark down its retail ceilings of gasoline and diesel on June 5, 2026 (Friday), the second time this year, as international crude prices have retreated over th

06-04-2026 14:58:00

China INE crude price retreats modestly

Guangzhou (JLC), June 3, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) dipped on Wednesday as Iran is reviewing the latest US ceasefire proposal, raising hop

06-03-2026 19:11:47

Shandong independents' run rates slip for sixth straight week

Guangzhou (JLC), June 3, 2026--Shandong independent refiners' operating rates fell further in the week ending June 3, the sixth consecutive week of drops, JLC’s data shows.

06-03-2026 19:10:14

Independents' crude refining margins recoup more losses

Guangzhou (JLC), June 3, 2026--Shandong-based independent refiners' crude refining margins recouped more losses in early June, because of a sharp decline in crude costs, despite slightly lower sales r

06-03-2026 19:08:24

PetroChina Guangxi's biggest naphtha berth welcomes first ship

Guangzhou (JLC), June 3, 2026--PetroChina Guangxi Petrochemical's biggest naphtha berth recently received its first ship, the company said on its WeChat platform on May 28.

06-03-2026 17:16:44

Zhoushan's bonded bunker fuel sales surge 11.82% in Jan-Apr

Guangzhou (JLC), June 2, 2026--Zhoushan recorded roughly 2.81 million mt of bonded bunker fuel sales in January-April 2026, surging by 11.82% from the same months in 2025, the Hangzhou Customs said o

06-02-2026 19:10:28

Yantai LNG receiving terminal project makes progress

Guangzhou (JLC), June 2, 2026--A critical milestone was reached recently for the Phase-1 Yantai LNG receiving terminal project as all of its five 200,000-cbm storage tanks built were tested to comply

06-02-2026 19:01:17

China INE crude price rallies after Iran reportedly halts talks with US

Guangzhou (JLC), June 2, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday following reports that Iran had halted indirect negotiations with

06-02-2026 18:45:03

China INE crude price drops for third straight trading day

Guangzhou (JLC), June 1, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Monday as investors remained optimistic about the prospect of US-Iran

06-01-2026 19:06:05

Shanxi to build 8-mln-cbm crude oil storage base

Guangzhou (JLC), June 1, 2026--On May 26, LONGWAY entered into a contract with Shanxi Daliangshan Storage and Transportation, to provide whole-process engineering consulting services for the Xiangyuan

06-01-2026 18:56:32

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