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Shandong independents' crude refining margins improve

Guangzhou (JLC), July 23, 2026--Shandong-based independent refiners' crude refining margins improved in the week to July 22, because of an increase in their sales revenue.

07-23-2026 16:24:35

Independents' refining margins for imported crude turn negative

Guangzhou (JLC), July 16, 2026--Shandong-based independent refiners' refining margins for imported crude turned negative in mid-July as crude costs inflated.

07-16-2026 13:58:25

Independents' refining margins for imported crude retreat

Guangzhou (JLC), July 9, 2026--Shandong-based independent refiners' refining margins for imported crude retreated in the week to July 8 amid lower sales revenue, but they were still positive.

07-09-2026 16:24:30

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), July 2, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in the week to July 1, as crude costs decreased further.

07-02-2026 16:18:34

China INE crude price picks up after attack on ship in Gulf of Oman

Guangzhou (JLC), June 26, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Friday after a vessel was attacked in the Gulf of Oman.

06-26-2026 18:52:37

Independents' crude refining margins continue to grow

Guangzhou (JLC), June 25, 2026--Shandong-based independent refiners' crude refining margins continued to grow in the week to June 24, as crude costs dropped more significantly than sales revenue.

06-25-2026 15:19:57

China's crude imports from most suppliers plunge in May

Guangzhou (JLC), June 22, 2026--China recorded plunges in its crude oil imports from almost all the suppliers to it, due to the shipping disruption and high crude prices.

06-22-2026 18:37:10

State-owned refinery run rates retreat on maintenance

Guangzhou (JLC), June 18, 2026--Chinese state-owned oil refineries' run rates slipped in the week ending June 17 (Wednesday) due to maintenance, JLC’s data shows.

06-18-2026 13:45:09

Shandong independents' run rates fall below 50% on maintenance

Guangzhou (JLC), June 17, 2026--Shandong independent refiners' operating rates fell below 50% in the week ending June 17 due to unit maintenance, JLC’s data shows.

06-17-2026 19:22:42

China's daily crude throughput hits 45-month low in May

Guangzhou (JLC), June 16, 2026--China's daily crude throughput dropped again in May, hitting a 45-month low, due to multiple factors, including tight feedstock supply, weak fuel demand, and peak unit

06-16-2026 18:40:39

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

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

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

State-owned refinery run rates stable in late May

Guangzhou (JLC), May 28, 2026--Chinese state-owned oil refineries' run rates were unchanged in the week ending May 27 (Wednesday), JLC’s data shows.

05-28-2026 11:35:04

Zhoushan approves EIA report for ZPC's Mamu oil storage expansion

Guangzhou (JLC), May 27, 2026--Zhoushan municipal ecological environment bureau released a notice earlier this month, approving the environmental impact assessment (EIA) report of the expansion projec

05-27-2026 19:00:26

Independents' refining margins for imported crude soar

Guangzhou (JLC), May 27, 2026--Shandong-based independent refiners' refining margins for imported crude surged in late May, as crude costs dropped.

05-27-2026 18:40:49

Independents' crude refining margins drop on rising costs

Guangzhou (JLC), May 21, 2026--Shandong-based independent refiners' refining margins for imported crude dropped in the week to May 20, due to a rally in crude costs, despite slightly higher sales reve

05-21-2026 17:23:47

China INE crude price slips after OPEC cuts demand forecast

Guangzhou (JLC), May 14, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC revised down its demand growth forecast.

05-14-2026 19:19:09

Independents' crude refining margins recoup some losses

Guangzhou (JLC), May 14, 2026--Shandong-based independent refiners' crude refining margins recouped some losses in mid-May, thanks to a decline in crude costs.

05-14-2026 11:54:35

Crude stocks at Shandong ports fall slightly in early May

Guangzhou (JLC), May 7, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports edged down in the week ending May 7 amid lower feedstock arrivals.

05-07-2026 19:15:06

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