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China INE crude price slips amid progress in Iran-Oman talks

Guangzhou (JLC), August 6, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell modestly on Thursday due to a potential agreement between Iran and Oman regardi

08-06-2026 19:12:14

State-owned refinery run rates rise further in early August

Guangzhou (JLC), August 6, 2026--Chinese state-owned oil refineries' run rates extended gains in the week ending August 5 (Wednesday), JLC’s data shows.

08-06-2026 19:11:14

Crude stocks at Shandong ports surge due to capacity increase

Guangzhou (JLC), August 6, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose significantly in the week ending August 6 due to an increase in the total storage capacity and

08-06-2026 19:09:43

Shandong independents' feedstock unloading rebounds in July

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners and traders' feedstock unloading rebounded month on month in July, though it was still relatively low.

08-06-2026 16:16:44

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), August 6, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in early August, as crude costs dropped rapidly and sales revenue increased.

08-06-2026 16:05:40

China INE crude price extends losses

Guangzhou (JLC), August 5, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Wednesday amid the prospect of a possible deal to reopen the Strait

08-05-2026 19:08:14

Shandong independents' run rates rally in early August

Guangzhou (JLC), August 5, 2026--Shandong independent refiners' operating rates rebounded in the week ending August 5, JLC’s data shows.

08-05-2026 19:06:34

Caofeidian crude storage project to be completed by end of August

Guangzhou (JLC), August 5, 2026--The Caofeidian crude oil storage and transportation project is expected to see mechanical completion by August 30, according to CNCEC No. 14.

08-05-2026 18:08:04

State-owned refinery run rate continues to climb in July

Beijing (JLC), August 5, 2026—Chinese state-owned refineries ran at 73.31% of their crude distillation unit (CDU) capacity on average in July 2026.

08-05-2026 16:02:31

China INE crude price drops amid easing supply concerns

Guangzhou (JLC), August 4, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell on Tuesday amid hopes of a resumption of shipping through the Strait of Hormuz.

08-04-2026 19:01:26

Singapore to issue eight new LNG bunkering licenses

Guangzhou (JLC), August 4, 2026--The Maritime and Port Authority of Singapore (MPA) will issue eight new licenses to supply liquefied natural gas (LNG) as bunker fuel in Singapore, which will be vali

08-04-2026 18:52:17

Liaoning Jincheng Petrochemical exports MTBE for first time

Guangzhou (JLC), August 4, 2026--Liaoning Jincheng Petrochemical exported its first batch of MTBE by sea recently, the company said on its WeChat platform on August 2.

08-04-2026 18:49:57

PetroChina Yunnan’s monthly jet fuel sales top 200,000 mt

Guangzhou (JLC), August 4, 2026--PetroChina Yunnan Petrochemical’s jet fuel sales passed the 200,000 mt mark in July 2026, an upsurge of over 20% from the same month last year, PetroChina announced on

08-04-2026 15:07:29

China INE crude price edges down amid expected US-Iran talks

Guangzhou (JLC), August 3, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) inched lower amid expectations of negotiations between the United States and Iran.

08-03-2026 19:05:38

China's apparent fuel oil consumption plunges in H1

Guangzhou (JLC), August 3, 2026--China's apparent consumption of fuel oil plunged in the first half of this year, due to multiple factors.

08-03-2026 18:40:21

Chinese airlines to cut jet fuel surcharges on August 5

Guangzhou (JLC), August 3, 2026--Chinese airlines will cut their jet fuel surcharges on August 5, 2026, according to Xinhua News Agency, citing sources from these airlines.

08-03-2026 17:07:06

Sinopec Jinan starts export of lubricant base oil processed with supplied materials

Guangzhou (JLC), August 3, 2026--Sinopec Jinan Refining & Chemical completed the loading and dispatch of its first batch of high-viscosity Group II No. 10 lubricant base oil in late July, destined for

08-03-2026 17:01:37

China INE crude dips after Saudi Arabia’s naval coalition proposal

Guangzhou (JLC), July 31, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday following Saudi Arabia’s proposal to establish a multinational co

07-31-2026 19:01:58

China to hike fuel ceilings on Aug 1

Guangzhou (JLC), July 31, 2026--China will hike its retail ceilings of gasoline and diesel on Aug 1, 2026 (Saturday), as international crude prices have surged over the past 10 working days.

07-31-2026 14:37:20

China INE crude soars after Trump says US will hit Iran in retaliation

Guangzhou (JLC), July 30, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded sharply on Thursday after US President Donald Trump said the United States

07-30-2026 18:38:06

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