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Crude stocks at Shandong ports drop as consumption grows

Guangzhou (JLC), July 31, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports declined in the week ending July 31, as local refiners’ consumption grew.

07-31-2025 18:59:41

Shandong independents' run rates up as restarts counter maintenance

Guangzhou (JLC), July 30, 2025--Shandong independent refiners' operating rates extended rises in the week to July 30 when Haike Ruilin Chemical ratcheted up its throughput after coming back online.

07-30-2025 19:04:27

Independents' crude refining margins weaken in late July

Guangzhou (JLC), July 30, 2025--Shandong-based independents' refining margins for imported crude weakened in late July, due to higher crude costs and lower sales revenue.

07-30-2025 18:50:46

Crude stocks at Shandong ports rebound on more unloading

Guangzhou (JLC), July 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending July 24, as unloading outpaced outbound delivery.

07-24-2025 18:46:22

Dongying Port sees completion of two 250,000-dwt SPM crude berths

Guangzhou (JLC), July 24, 2025--The construction of two 250,000-dwt single point mooring (SPM) crude berths in Dongying Port was completed ahead of schedule, Dongying Port Economic Develop Area said.

07-24-2025 18:39:39

Independents' refining margins for imported crude rally

Guangzhou (JLC), July 24, 2025--Shandong-based independents' refining margins for imported crude rallied modestly in mid-to-late July, boosted by a slip in crude costs.

07-24-2025 13:52:22

Shandong independents' run rates rise on more unit restarts

Guangzhou (JLC), July 23, 2025--Shandong independent refiners' operating rates extended rises in the week to July 23, mainly because of more unit restarts.

07-23-2025 19:04:25

China INE crude price retreats on growing demand concerns

Guangzhou (JLC), July 22, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Tuesday due to a lack of progress in trade talks between the United Stat

07-22-2025 18:40:42

Crude stocks at Shandong ports drop, still high

Guangzhou (JLC), July 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports dropped modestly in the week ending July 17, after consumption rebounded, but were still high.

07-17-2025 18:29:35

Shandong independents' crude refining margins continue to fall

Guangzhou (JLC), July 17, 2025--Shandong-based independents' refining margins for imported crude continued to fall in the middle of July, due to sliding sales revenue and climbing costs.

07-17-2025 15:13:34

Shandong independents' run rates rebound modestly

Guangzhou (JLC), July 16, 2025--Shandong independent refiners' operating rates rebounded modestly in the week to July 16, mainly as Qirun Chemical ratcheted up its throughput after restart.

07-16-2025 18:37:32

Sinopec Guangzhou runs refinery at 90.62% of capacity in H1

Guangzhou (JLC), July 16, 2025--Sinopec Guangzhou Petrochemical ran its refinery at 90.62% of capacity in the first half (H1) of 2025, according to data from the company.

07-16-2025 17:37:01

China INE crude price dips on easing supply concerns

Guangzhou (JLC), July 15, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated slightly on Tuesday as market concerns about U.S. sanctions on Russian oil

07-15-2025 19:01:35

Shandong independents unload more imported feedstock in June

Guangzhou (JLC), July 11, 2025--Shandong-based independent refiners and traders unloaded more imported feedstock last month, due to multiple factors.

07-11-2025 15:05:22

Crude stocks at Shandong ports retreat from over 10-month high

Guangzhou (JLC), July 10, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week ending July 10, after hitting a new high in over 10 months in early July.

07-10-2025 18:38:36

Shandong independents' crude refining margins weaken

Guangzhou (JLC), July 10, 2025--Shandong-based independents' refining margins for imported crude weakened in the week to July 9, as crude costs increased and their sales revenue slipped.

07-10-2025 11:34:00

Shandong independents' run rates retreat amid maintenance

Guangzhou (JLC), July 9, 2025--Shandong independent refiners' operating rates retreated in the week to July 9, as the maintenance of a refiner in Dongying counteracted the restart of another one.

07-09-2025 18:59:53

Daqing Refining & Chemical's crude runs top 2.8 mln mt in H1 2025

Guangzhou (JLC), July 9, 2025--PetroChina Daqing Refining & Chemical in Heilongjiang processed a total of 2.835 million mt of crude oil in the first half (H1) of this year, the company said on its off

07-09-2025 17:04:27

China INE crude price rallies on easing worries over more OPEC+ supply

Guangzhou (JLC), July 8, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) rebounded on Tuesday as concerns over rising supply from OPEC+ eased.

07-08-2025 18:53:19

Independents' refining margins for imported crude widen in H1 2025

Guangzhou (JLC), July 7, 2025--Shandong-based independents' refining margins for imported crude improved in the first half (H1) of 2025, due to a relatively large decrease in feedstock costs.

07-07-2025 15:42:27

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