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China INE crude price plunges on US-Iran MoU

Guangzhou (JLC), June 15, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Monday following the announcement of a memorandum of understanding (MoU)

06-15-2026 18:56:20

China INE crude price rises after US crude stocks plunge

Guangzhou (JLC), May 20, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) increased on Wednesday after data showed a slump in the US crude oil stockpiles.

05-20-2026 19:03:25

China INE crude price plunges amid hopes of US-Iran peace deal

Guangzhou (JLC), May 7, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) fell further on Thursday after the United States expressed optimism about reaching a pe

05-07-2026 19:18:28

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

China INE crude plunges after Trump signals end of Iran war in weeks

Guangzhou (JLC), April 1, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) plummeted on Wednesday after US President Donald Trump said the conflict in Iran coul

04-01-2026 19:05:28

Shandong independents' crude refining margins plunge

Guangzhou (JLC), March 19, 2026--Shandong-based independents' crude refining margins plunged in mid-March, as crude costs surged again and independents' sales revenue declined.

03-19-2026 14:10:15

China INE crude plunges after IEA estimates slower demand growth

Guangzhou (JLC), February 13, 2026--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated sharply on Friday after the International Energy Agency (IEA) revised d

02-13-2026 19:08:25

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

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

China records plunge in crude imports from Malaysia in May

Guangzhou (JLC), June 20, 2025--China tallied a sharp drop in its crude imports from Malaysia in May 2025, according to data from the General Administration of Customs of the PRC (GACC).

06-20-2025 14:05:59

Independents' refining margins for imported crude plunge

Guangzhou (JLC), June 19, 2025--Shandong-based independents saw a plunge in their refining margins for imported crude in mid-June, mainly due to a surge in crude costs.

06-19-2025 14:22:36

Independents’ crude refining margins continue to plunge

Guangzhou (JLC), May 22, 2025--Shandong-based independents’ crude refining margins continued to plunge in the week to May 21, due to higher crude costs and slightly lower sales revenue.

05-22-2025 15:04:27

Independents’ crude refining margins surge as costs plunge

Guangzhou (JLC), May 7, 2025--Shandong-based independents saw a surge in their crude refining margins in early May, thanks to a plunge in crude costs, despite a decline in sales revenue.

05-07-2025 18:44:41

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

China's crude imports from Russia and Saudi Arabia plunge in Jan-Feb

Guangzhou (JLC), March 20, 2025--China's crude imports from Russia and Saudi Arabia plunged year on year in the first two months of 2025.

03-20-2025 11:38:05

China’s oil product exports plunge in Dec after VAT rebate cuts

Guangzhou (JLC), January 13, 2025--Chinese oil companies’ oil product exports plummeted in December 2024, which could be ascribed to rising costs following value-added tax (VAT) rebate cuts as from De

01-13-2025 16:10:03

Independents’ refining margins for imported crude plunge

Guangzhou (JLC), January 2, 2025--Shandong-based independents’ refining margins for imported crude plunged in the week to January 1, 2025, as crude costs increased and sales revenue declined.

01-02-2025 17:36:39

Crude stocks at Shandong ports plunge in late November

Guangzhou (JLC), November 28, 2024--The stocks of crude, fuel oil and diluted bitumen at Shandong ports plunged in the week to November 28, as more feedstock was delivered out of local ports.

11-28-2024 17:59:18

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

Shandong independents’ feedstock unloading plunges 12.8% in Q1-Q3

Guangzhou (JLC), October 16, 2024--Shandong-based independent refiners’ feedstock unloading plunged by 12.8% in the first three quarters of this year, which could mainly be ascribed to softer demand a

10-16-2024 13:55:06

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