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China INE crude price continues rising

Guangzhou (JLC), June 20, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Friday due to the possibility of U.S. involvement in the Iran-Israe

06-20-2025 18:51:23

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Crude stocks at Shandong ports drop as consumption rebounds

Guangzhou (JLC), June 19, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped in the week ending June 19, as local independent refiners’ consumption rebounded.

06-19-2025 18:37:42

CNOOC Daxie Petchem starts importing crude independently

Guangzhou (JLC), June 19, 2025--CNOOC Ningbo Daxie Petrochemical received its first batch of imported crude oil through independent procurement on June 11 since its establishment 23 years ago.

06-19-2025 16:09:58

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

China INE crude price surges amid ongoing Iran-Israel conflict

Guangzhou (JLC), June 18, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Wednesday as the conflict between Iran and Israel continued, raising concer

06-18-2025 19:03:43

PetroChina Guangdong’s 98-RON gasoline output surges 27% in May

Guangzhou (JLC), June 18, 2025--PetroChina Guangdong Petrochemical produced about 28,000 mt of national standard 98-RON gasoline in May, surging by 27% month on month, PetroChina said on its news web

06-18-2025 19:03:29

Shandong independents' run rates rebound on unit restarts

Guangzhou (JLC), June 18, 2025--Shandong independent refiners' operating rates rebounded in the week ending June 18, putting an end to 11 weeks of drops, because of unit restarts.

06-18-2025 18:36:01

China to hike fuel ceilings again on June 18

Guangzhou (JLC), June 17, 2025--China will raise its retail ceilings of gasoline and diesel again on June 18, 2025, as international crude prices have increased further over the past 10 working days.

06-17-2025 11:50:13

Trading volume of China INE crude futures surges to new high

Guangzhou (JLC), June 17, 2025--The trading volume of the crude futures on China's Shanghai International Energy Exchange (INE) surged to a new high on Monday, because of supply concerns.

06-17-2025 11:49:32

China INE crude price soars on escalating Israel-Iran conflict

Guangzhou (JLC), June 16, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) spiked on Monday as the latest exchange of strikes between Israel and Iran stoked fea

06-16-2025 18:44:11

Sinopec Zhongke tallies over 66 million mt of crude throughput

Guangzhou (JLC), June 16, 2025--Up until the end of May 2025, Sinopec Zhongke (Guangdong) Refinery & Petrochemical processed 66.85 million mt of crude oil since it began operation five years ago.

06-16-2025 18:29:31

Chimbusco launches B24 biofuel bunkering in North China

Guangzhou (JLC), June 16, 2025--Following the launch of B24 biofuel bunkering in East China earlier this year, Chimbusco successfully launched B24 biofuel bunkering in North China on June 14, the com

06-16-2025 18:26:11

China’s PDH unit operating rate inches down

Beijing (JLC), June 16, 2025--The overall operating rate of China’s PDH units slipped slightly in the week ending June 12 (Thursday), JLC’s data showed.

06-16-2025 17:41:29

China INE crude price surges on mounting geopolitical risks

Guangzhou (JLC), June 13, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) jumped on Friday amid concerns over potential supply disruptions due to rising tensio

06-13-2025 19:15:49

Maoming Bohe Port's 100,000-dwt terminal officially in operation

Guangzhou (JLC), June 13, 2025--Maoming Petrochemical Bohe Port Storage and Transportation's 100,000-dwt oil product terminal received the first oil tanker on May 29.

06-13-2025 18:56:18

Zhonghe Weirun Energy to build 200,000 mt/yr SAF project in Henan

Guangzhou (JLC), June 12, 2025--Henan Zhonghe Weirun Energy plans to build a 200,000 mt/yr sustainable aviation fuel (SAF) project in Henan Province's Mengzhou City.

06-12-2025 18:41:13

Crude stocks at Shandong ports rise as consumption slows down

Guangzhou (JLC), June 12, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports grew in the week ending June 12, as local independent refiners’ consumption slowed down further.

06-12-2025 18:24:00

Sinopec Shanghai officially launches upgrade project

Guangzhou (JLC), June 12, 2025--Sinopec Shanghai Petrochemical held a launch ceremony for its comprehensive technological transformation and quality upgrade project on June 10.

06-12-2025 15:45:48

Independents’ refining margins for imported crude retreat

Guangzhou (JLC), June 12, 2025--Shandong-based independents’ refining margins for imported crude retreated in the week to June 11 as crude costs rebounded, despite an increase in their sales revenue.

06-12-2025 14:13:35

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