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Shandong independents' crude refining margins tumble again

Guangzhou (JLC), February 5, 2026--Shandong-based independents' crude refining margins tumbled again in early February, as their costs rose more significantly than sales revenue.

02-05-2026 14:46:29

Shandong independents see lower crude refining margins

Guangzhou (JLC), January 28, 2026--Shandong-based independents saw lower crude refining margins in late January, as their costs continued to increase and their sales revenue declined further.

01-28-2026 19:11:05

Shandong independents' crude refining margins plunge

Guangzhou (JLC), January 22, 2026--Shandong-based independents' crude refining margins plunged in the week to January 21, because of a further rise in refining costs and a slip in independents' sales

01-22-2026 17:44:53

Chinese refiners' crude runs continue to drop in December 2025

Guangzhou (JLC), January 19, 2026--Chinese refiners' crude runs continued to drop month on month in December 2025, due to weaker fuel demand, despite less maintenance.

01-19-2026 16:58:53

Shandong independents' refining margins for imported crude retreat

Guangzhou (JLC), January 15, 2026--Shandong-based independents' refining margins for imported crude retreated in the middle of January, due to an increase in crude costs, despite a rise in independent

01-15-2026 17:23:30

Shandong independents' crude refining margins rebound in early 2026

Guangzhou (JLC), January 8, 2026--Shandong-based independents' refining margins for imported crude rebounded in early 2026 when crude import costs dropped more significantly than sales revenue.

01-08-2026 18:36:09

Shandong independents' crude refining margins weaken

Guangzhou (JLC), December 31, 2025--Shandong-based independents' crude refining margins weakened in late December, as their sales revenue decreased further.

12-31-2025 16:47:10

Independents' refining margins for imported crude slide

Guangzhou (JLC), December 24, 2025--Shandong-based independents' refining margins for imported crude slid in the week to December 24, due to a larger drop in their sales revenue than in crude costs.

12-24-2025 18:31:58

Independents find higher refining margins for imported crude

Guangzhou (JLC), December 18, 2025--Shandong-based independent refiners found higher refining margins for imported crude in the middle of December, as imported crude costs declined further.

12-18-2025 13:40:06

Shanghai Port's container throughput to set record high in 2025

Guangzhou (JLC), December 16, 2025--Shanghai Port's container throughput is expected to reach a record high in 2025, which will keep the port at the world's top for sixteen consecutive years, People'

12-16-2025 19:02:32

Independents' refining margins for imported crude continue to grow

Guangzhou (JLC), December 11, 2025--Shandong-based independent refiners' refining margins for imported crude continued to grow in the week to December 10, thanks to lower crude costs.

12-11-2025 16:08:25

Feedstock unloading for Shandong independents surges in November

Guangzhou (JLC), December 4, 2025--Shandong-based independent refiners and traders recorded a surge in their unloading of imported feedstock in November, as some refiners obtained new quotas on crude

12-05-2025 16:17:50

Independents' refining margins for imported crude rise in early Dec

Guangzhou (JLC), December 4, 2025--Shandong-based independent refiners' refining margins for imported crude increased in early December when crude costs dropped more significantly than sales revenue.

12-04-2025 11:17:36

Ningbo-Zhoushan Port's annual container throughput hits 40 mln TEUs

Guangzhou (JLC), December 2, 2025--Ningbo-Zhoushan Port has handled 40 million TEUs of containers so far this year, which is the first time that the port's annual container throughput exceeds the 40-

12-02-2025 17:16:31

Changqing Oilfield records over 60 mln mt of oil and gas equivalent, sixth year in a row ‌

Guangzhou (JLC), November 27, 2025--The Changqing Oilfield has recorded over 60 million mt of oil and gas equivalent so far this year, the sixth consecutive year that the output hits the 60-million-m

11-27-2025 19:08:03

Independents see stable refining margins for imported crude

Guangzhou (JLC), November 26, 2025--Shandong-based independent refiners saw relatively stable refining margins for imported crude in late November, as a slip in crude costs counteracted a decline in t

11-26-2025 18:55:16

Independents' crude refining margins continue to grow

Guangzhou (JLC), November 20, 2025--Shandong-based independent refiners' crude refining margins continued to grow in the week to November 19, as refining costs declined and sales revenue increased.

11-20-2025 14:03:37

Independents' crude refining margins surge on lower costs, higher revenue

Guangzhou (JLC), November 13, 2025--Shandong-based independent refiners' crude refining margins surged in the week to November 12, because of lower crude costs and higher sales revenue.

11-13-2025 16:10:45

Independents' refining margins for imported crude continue to weaken

Guangzhou (JLC), November 6, 2025--Shandong-based independent refiners' refining margins for imported crude continued to weaken in early November, mainly due to a decline in their sales revenue.

11-06-2025 10:38:52

Independents' refining margins for imported crude plunge in late Oct

Guangzhou (JLC), October 29, 2025--Shandong-based independent refiners' refining margins for imported crude plunged in late October, because of an increase in crude costs and a slight decline in their

10-29-2025 18:42:34

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