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Independents' crude refining margins recoup more losses

Guangzhou (JLC), June 3, 2026--Shandong-based independent refiners' crude refining margins recouped more losses in early June, because of a sharp decline in crude costs, despite slightly lower sales r

06-03-2026 19:08:24

China INE crude price slips after OPEC cuts demand forecast

Guangzhou (JLC), May 14, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC revised down its demand growth forecast.

05-14-2026 19:19:09

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

Crude stocks at Shandong ports slip further on more outbound delivery

Guangzhou (JLC), April 23, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to fall in the week ending April 23 as more feedstock was delivered out of local ports.

04-23-2026 19:09:38

China INE crude price slips on bearish IEA demand forecast

Guangzhou (JLC), April 15, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Wednesday after the International Energy Agency (IEA) forecast a decrea

04-15-2026 19:09:19

Crude stocks at Shandong ports rise further on more unloading

Guangzhou (JLC), March 5, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in early March due to accelerating feedstock unloading.

03-05-2026 19:00:15

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), February 26, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending February 26 due to more feedstock unloading.

02-26-2026 18:56:21

State-owned refinery run rates up on more restarts in Jan 2026

Beijing (JLC), February 6, 2026—Chinese state-owned oil refineries’ run rates climbed in January 2026 when a growing number of refiners brought their crude distillation units (CDUs) back online.

02-06-2026 18:39:53

Crude stocks at Shandong ports rise further on more unloading

Guangzhou (JLC), February 5, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports continued to grow in the week ending February 5 due to increasing unloading and slowing consumpti

02-05-2026 19:03:36

Crude stocks at Shandong ports slip modestly on more outbound delivery

Guangzhou (JLC), January 8, 2026--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended losses in the week ending January 8, as more feedstock was delivered out of local ports.

01-08-2026 19:02:16

Crude stocks at Shandong ports rise on more unloading, slower consumption

Guangzhou (JLC), December 25, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports extended gains in the week ending December 25 due to increasing unloading and slowing consumptio

12-25-2025 18:58:50

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), December 18, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending December 18 as feedstock unloading outweighed consumption.

12-18-2025 18:37:00

Crude stocks at Shandong ports rise to new high on more unloading

Guangzhou (JLC), November 27, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rose to a new high in the week ending November 27, as unloading increased.

11-27-2025 18:38:04

China INE crude price retreats on OPEC’s oversupply forecast

Guangzhou (JLC), November 13--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday after OPEC forecast a supply surplus next year.

11-13-2025 19:06:23

Crude stocks at Shandong ports rally sharply on more arrivals

Guangzhou (JLC), October 30, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports surged in the week ending October 30, due to higher feedstock arrivals and lower consumption.

10-30-2025 19:12:57

China INE crude price slips after IEA raises supply growth forecast

Guangzhou (JLC), September 12, 2025--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Friday after the International Energy Agency (IEA) revised up its f

09-12-2025 19:08:59

State-owned refinery run rates higher on more restarts in August

Guangzhou (JLC), September 9, 2025--Chinese state-owned oil refineries' run rates rose again in August, following the restart of a crude distillation unit (CDU) and one refinery.

09-09-2025 10:14:15

Crude stocks at Shandong ports rally on more unloading

Guangzhou (JLC), September 4, 2025--The stocks of crude, fuel oil and diluted bitumen at Shandong ports rebounded in the week ending September 4, as unloading outpaced outbound delivery.

09-04-2025 19:04:33

China's offshore heavy oil output from thermal recovery exceeds 5 mln mt

Guangzhou (JLC), September 2, 2025--China's cumulative output of offshore heavy oil thermal recovery has exceeded 5.00 million mt, becoming the world's first country to achieve large-scale thermal re

09-02-2025 18:45:43

State-owned refinery run rates edge down on more maintenance

Guangzhou (JLC), August 21, 2025--Chinese state-owned oil refineries' run rates fell slightly in the week ending August 20 (Wednesday), after two more refineries started maintenance.

08-21-2025 14:33:32

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