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Crude stocks at Shandong ports rally on slower consumption

Guangzhou (JLC), May 2, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rallied in late April, as local independent refiners’ consumption slowed down.

05-02-2025 17:42:50

Independents’ refining margins for imported crude slide

Guangzhou (JLC), April 30, 2025--Shandong-based independents’ refining margins for imported crude slid in the week to April 30, because of a fall in their sales revenue.

04-30-2025 19:07:43

Shandong independents' run rates slip for fifth week in a row

Guangzhou (JLC), April 30, 2025--Shandong independent refiners' operating rates fell for the fifth consecutive week in the week ending April 30, JLC’s data shows.

04-30-2025 18:22:24

Liaodong Bay’s oil and gas output sets record high in Q1

Guangzhou (JLC), April 29, 2025--Oilfields in Liaodong Bay of the Bohai Sea produced over 3.20 million mt of oil and gas in the first quarter of this year, hitting a historical high, CNOOC reported o

04-29-2025 15:34:27

China INE crude price range-bound on mixed factors

Guangzhou (JLC), April 28, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) was little changed on Monday due to mixed factors.

04-28-2025 18:53:59

Independents’ crude refining margins retreat in late April

Guangzhou (JLC), April 25, 2025--Shandong-based independents’ refining margins for imported crude retreated in late April, as imported crude costs rallied and independents’ sales revenue decreased.

04-25-2025 11:11:55

Crude stocks at Shandong ports drop further as unloading slows down

Guangzhou (JLC), April 24, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 24, as cargo unloading has lately slowed down.

04-24-2025 18:29:41

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

Guangzhou (JLC), April 23, 2025--Shandong independent refiners' operating rates fell for four consecutive weeks in the week ending April 23, as refinery maintenance increased.

04-23-2025 18:58:40

Sinopec Tahe's refining-chemical project sees EIA publicity

Guangzhou (JLC), April 23, 2025--Sinopec Tahe Refining & Chemical's refining-chemical integration project saw the publicity of an environmental impact assessment (EIA) report.

04-23-2025 18:35:14

Crude stocks at Shandong ports drop further on low unloading

Guangzhou (JLC), April 17, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week to April 17, as outbound delivery outpaced relatively low unloading.

04-17-2025 18:51:32

Independents’ crude refining margins soar again as costs decrease

Guangzhou (JLC), April 17, 2025--Shandong-based independents’ crude refining margins soared again in the middle of April, bolstered by a further plunge in crude costs.

04-17-2025 11:39:37

Shandong independents' run rates drop for 3 weeks straight

Guangzhou (JLC), April 16, 2025--Shandong independent refiners' operating rates fell for three weeks straight in the week ending April 16.

04-16-2025 18:56:47

Feedstock unloading for Shandong independents surge in March

Guangzhou (JLC), April 11, 2025--Shandong-based independent refiners continued to raise their cargo unloading in March, as crude refining margins improved and their operating rates climbed.

04-11-2025 19:19:00

Crude stocks at Shandong ports retreat on less unloading

Guangzhou (JLC), April 11, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports retreated in the week to April 10, due to less unloading than outbound delivery.

04-11-2025 16:48:24

Independents’ crude refining margins surge as costs tumble

Guangzhou (JLC), April 9, 2025--Shandong-based independents’ crude refining margins surged in the week to April 9, due to a slump in crude costs, despite a decline in their sales revenue.

04-09-2025 18:57:19

Shandong independents’ run rates slip further on maintenance

Guangzhou (JLC), April 9, 2025--Shandong independent refiners’ operating rates extended losses in the week ending April 9 following the shutdown of a refinery for maintenance.

04-09-2025 18:54:10

Crude stocks at Shandong ports surge to over seven-month high

Guangzhou (JLC), April 3, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged to a new high in over seven months in early April.

04-03-2025 17:27:34

Independents’ crude refining margins plunge on surging costs

Guangzhou (JLC), April 3, 2025--Shandong-based independents’ crude refining margins plunged in early April as crude costs surged, despite a rise in their sales revenue.

04-03-2025 17:07:14

Shandong independents’ run rates slip in early April

Guangzhou (JLC), April 2, 2025--Shandong independent refiners’ operating rates slipped in early April, as some refiners’ throughput cuts counteracted other refiners’ boosts.

04-02-2025 18:43:28

State-owned refineries’ operating rate to drop on maintenance in April

Guangzhou (JLC), April 1, 2025--State-owned refineries' operating rate is expected to drop further in April, because of more refinery maintenance.

04-01-2025 18:50:36

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