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Independents' refining margins for imported crude surge

Guangzhou (JLC), September 3, 2026--Shandong-based independent refiners' refining margins for imported crude surged in early September, as crude costs slipped and sales revenue increased.

09-03-2026 11:34:57

Independents' crude refining margins improve in late August

Guangzhou (JLC), August 27, 2026--Shandong-based independent refiners' crude refining margins improved in late August, because of increasing sales revenue, despite higher crude costs.

08-27-2026 17:14:38

Independents' refining margins for imported crude plunge

Guangzhou (JLC), August 20, 2026--Shandong-based independent refiners' refining margins for imported crude plunged in the week to August 19, when crude costs rose more significantly than sales revenue

08-20-2026 14:53:17

State-owned refinery run rates edge down on maintenance

Guangzhou (JLC), August 13, 2026--Chinese state-owned oil refineries' run rates fell slightly in the week ending August 12 (Wednesday) due to refinery overhauls, JLC’s data shows.

08-13-2026 16:08:41

Independents' refining margins for imported crude surge

Guangzhou (JLC), August 13, 2026--Shandong-based independent refiners' refining margins for imported crude surged in the week to August 12, because of lower crude costs and higher sales revenue.

08-13-2026 14:40:07

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

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

Independents' refining margins for imported crude weaken

Guangzhou (JLC), July 30, 2026--Shandong-based independent refiners' refining margins for imported crude weakened in late July, as crude costs rose more significantly than sales revenue.

07-30-2026 15:55:54

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

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