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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

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

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

Shandong independents' run rates edge down in early May

Guangzhou (JLC), May 6, 2026--Shandong independent refiners' operating rates fell slightly in the week ending May 6, JLC’s data shows.

05-06-2026 19:16:58

China INE crude price dips as OPEC+ may boost output further

Guangzhou (JLC), October 28--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid the possibility of another output boost by OPEC+.

10-28-2025 18:31:53

China INE crude price slips as OPEC+ may raise output further

Guangzhou (JLC), September 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday amid expectations of a further production increase by OPEC+

09-30-2025 18:30:57

China INE crude price drops as OPEC+ may boost output further

Guangzhou (JLC), June 30, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) continued to fall on Monday amid expectations of another production increase by OPEC+

06-30-2025 18:49:49

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

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

State-owned refinery run rate drops on maintenance in May

Guangzhou (JLC), June 12, 2025--Chinese state-owned oil refineries' run rate extended drops in May, because of peak refinery maintenance amid average demand.

06-12-2025 11:52:49

Chinese independent refiners’ operating rate drops modestly in May

Guangzhou (JLC), June 11, 2025--Chinese independent refiners' operating rate fell modestly in May 2025 when unit maintenance grew amid seasonally weak demand.

06-11-2025 16:00:13

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

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

State-owned refinery run rates hit 33-month low in late May

Guangzhou (JLC), May 29, 2025--Chinese state-owned oil refineries' run rates fell to a 33-month low in the week ending May 28, still affected by maintenance.

05-29-2025 19:17:33

Independents’ crude refining margins slump in mid-May

Guangzhou (JLC), May 15, 2025--Shandong-based independents’ crude refining margins slumped in mid-May, as crude costs rebounded and sales revenue slipped.

05-15-2025 15:04:38

INE crude price slips as OPEC+ may accelerates output increases

Guangzhou (JLC), April 24, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated Thursday on news that OPEC+ is considering an acceleration in output incre

04-24-2025 19:09:10

Additional tariffs may dampen China's imports of US crude

Guangzhou (JLC), February 6, 2025--China's imposition of additional tariffs on crude oil from the US may dampen its imports from the latter.

02-06-2025 14:14:32

China cuts crude imports from Russia in May

Guangzhou (JLC), June 20, 2024--China reduced its crude imports from Russia in May 2024 when the former’s demand weakened and shipments from the other top five suppliers grew year on year.

06-20-2024 12:07:50

Most Chinese regions see lower crude throughput in May

Guangzhou (JLC), June 18, 2024--Most Chinese regions saw lower crude throughput in May 2024 when refinery maintenance peaked and domestic supply was abundant.

06-18-2024 18:09:37

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