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China imports crude from fewer sources in H1

Guangzhou (JLC), July 23, 2026--China imported crude from only 35 countries and regions in the first half (H1) of this year, down from 45 in the same period of time in 2025, according to the data from

07-23-2026 18:56:47

Independents' refining margins for imported crude turn negative

Guangzhou (JLC), July 16, 2026--Shandong-based independent refiners' refining margins for imported crude turned negative in mid-July as crude costs inflated.

07-16-2026 13:58:25

China’s crude imports hit nearly decade low

Guangzhou (JLC), July 14, 2026--China's crude oil imports in June 2026 plunged to a new low in nearly ten years, as Chinese refiners had further reduced their purchases amid high oil prices and ongoin

07-14-2026 15:12:10

Independents' refining margins for imported crude retreat

Guangzhou (JLC), July 9, 2026--Shandong-based independent refiners' refining margins for imported crude retreated in the week to July 8 amid lower sales revenue, but they were still positive.

07-09-2026 16:24:30

Yulin Refinery unloads 1.27 mln mt of imported crude in H1 2026

Guangzhou (JLC), July 3, 2026--Yulin Refinery under Shaanxi Yanchang Petroleum Group unloaded roughly 1.27 million mt of imported crude oil in total in the first half (H1) of 2026.

07-03-2026 17:29:31

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), July 2, 2026--Shandong-based independent refiners' refining margins for imported crude turned positive in the week to July 1, as crude costs decreased further.

07-02-2026 16:18:34

Huizhou Port's crude imports exceed 10 mln mt this year

Guangzhou (JLC), June 24, 2026--Huizhou Port's crude oil imports have surpassed 10 million mt so far this year, the People’s Government of Huizhou City said on June 18.

06-24-2026 18:31:02

China's crude imports from most suppliers plunge in May

Guangzhou (JLC), June 22, 2026--China recorded plunges in its crude oil imports from almost all the suppliers to it, due to the shipping disruption and high crude prices.

06-22-2026 18:37:10

China’s crude imports slump to over-eight-year low

Guangzhou (JLC), June 9, 2026--China's crude oil imports in May 2026 slumped to a new low in over eight years, because of the shipment disruption amid the closure of the Strait of Hormuz and high pric

06-09-2026 18:08:29

Independents' refining margins for imported crude soar

Guangzhou (JLC), May 27, 2026--Shandong-based independent refiners' refining margins for imported crude surged in late May, as crude costs dropped.

05-27-2026 18:40:49

China's daily crude oil imports hit 45-month low

Guangzhou (JLC), May 9, 2026--China's daily crude oil imports plunged to a 45-month low in April 2026, according to the latest data from the General Administration of Customs of the PRC (GACC).

05-09-2026 15:00:26

Independents find more losses in imported crude refining margins

Guangzhou (JLC), May 7, 2026--Shandong-based independent refiners found deeper losses in their refining margins for imported crude in early May, as crude costs continued to increase.

05-07-2026 16:26:04

Independents' refining margins for imported crude tumble again

Guangzhou (JLC), April 29, 2026--Shandong-based independents' refining margins for imported crude continued to tumble in late April, as crude costs surged and sales revenue went lower.

04-29-2026 18:02:40

Independents' refining margins for imported crude plunge

Guangzhou (JLC), April 23, 2026--Shandong-based independents' refining margins for imported crude plunged in the week to April 22, due to a rally in crude costs and a further decline in sales revenue.

04-23-2026 15:47:59

Independents' refining margins for imported crude surge

Guangzhou (JLC), April 15, 2026--Shandong-based independents' refining margins for imported crude surged in mid-April when crude costs dropped more significantly than sales revenue.

04-15-2026 18:49:12

China's daily crude oil imports drop in March, but still high

Guangzhou (JLC), April 14, 2026--China's daily crude oil imports fell both month-on-month and year-on-year in March 2026, according to the latest data from the GACC.

04-14-2026 16:34:07

Independents' refining margins for imported crude rebound

Guangzhou (JLC), April 9, 2026--Shandong-based independents' refining margins for imported crude rebounded in the week to April 8, because of a decline in crude costs and a slight rally in their sale

04-09-2026 18:53:18

Independents' refining margins for imported crude turn negative again

Guangzhou (JLC), April 1, 2026--Shandong-based independents' refining margins for imported crude turned negative again in the week to April 1, due to an increase in crude costs and a decline in their

04-01-2026 18:53:48

Independents' refining margins for imported crude turn positive

Guangzhou (JLC), March 25, 2026--Shandong-based independents' refining margins for imported crude turned positive in late March, as their sales revenue increased more significantly than crude costs.

03-25-2026 18:30:26

China hikes Russian crude imports sharply in first two months of 2026

Guangzhou (JLC), March 20, 2026—China hiked its imports of Russian crude sharply in the first two months, due to attractive prices and abundant supply.

03-20-2026 18:54:40

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