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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

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

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

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

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

Shandong independents' run rates drop for 11 weeks in a row

Guangzhou (JLC), June 11, 2025--Shandong independent refiners' operating rates extended falls in the week ending June 11, the 11th week in a row, amid peak maintenance.

06-11-2025 18:30:39

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

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

Crude stocks at Shandong ports largely steady in early June

Guangzhou (JLC), June 6, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports held largely steady in the week ending June 5, JLC’s data shows.

06-06-2025 10:52:07

SOEs to hike June refinery operating rate on less maintenance

Guangzhou (JLC), June 5, 2025--State-owned enterprises (SOEs) are likely to hike their refinery operating rates in June 2025, after maintenance peaked in April-May.

06-05-2025 18:44:39

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