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China INE crude price rises further on large US crude stock draw

Guangzhou (JLC), June 19, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Thursday after the Energy Information Administration (EIA) reported

06-19-2025 19:06:59

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

China INE crude price retreats technically

Guangzhou (JLC), June 17, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) staged a technical decline on Tuesday after surging over the past two trading days.

06-17-2025 18:57:14

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

Chinese refineries’ crude runs extend drop on maintenance in May

Guangzhou (JLC), June 16, 2025--Chinese refineries continued to cut their crude runs in May 2025 because of peak maintenance amid seasonally low fuel demand.

06-16-2025 15:44:54

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

China INE crude price rises on US crude stock draw

Guangzhou (JLC), June 12, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased further on Thursday after the Energy Information Administration (EIA) repor

06-12-2025 19:17:52

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

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

China INE crude price continues rising

Guangzhou (JLC), June 11, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) extended gains on Wednesday, still supported by optimism about China-U.S. trade talks

06-11-2025 18:44:58

INE crude price up as optimism about China-U.S. trade talks grows

Guangzhou (JLC), June 10, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Tuesday, lifted by hopes for progress in China-U.S. trade talks.

06-10-2025 18:55:03

China INE crude price rises on better-than-expected US jobs data

Guangzhou (JLC), June 9, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to rise on Monday, on the back of better-than-expected US non-farm payrolls

06-09-2025 18:37:12

China's May crude imports drop as demand weakens

Guangzhou (JLC), June 9, 2025--China's crude imports dropped to an average level in May 2025, as demand weakened amid peak refinery maintenance.

06-09-2025 16:16:24

INE crude price up on easing worries over China-U.S. trade tensions

Guangzhou (JLC), June 6, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday, as concerns over China-U.S. trade tensions eased after a phone ca

06-06-2025 18:52:37

Shandong independents’ feedstock unloading decreases in May

Guangzhou (JLC), June 6, 2025--Shandong-based independent refiners’ feedstock unloading continued to decrease in May, as their demand slipped amid more unit maintenance.

06-06-2025 17:27:27

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